1、CRS INSIGHT Prepared for Members and Committees of Congress Legal SidebarLegal Sidebari i Media Consolidation: United States v. AT&T and Implications for Future Transactions Updated July 16, 2018 UPDATE: On July 12, 2018, the Department of Justice filed a notice of appeal in the U.S. Court of Appeal
2、s for the District of Columbia Circuit of the district courts decision denying the injunction which would have prohibited AT&Ts acquisition of Time Warner. If the government prevails, AT&T could be required to divest itself of Time Warner. Regardless of the outcome, the appellate courts decision may
3、 provide additional guidance for the application of Section 7 of the Clayton Act to vertical transactions The original post from June 29, 2018 appears below. On June 12, 2018, the U.S. District Court for the District of Columbia (D.C. District Court) ruled that the proposed merger of AT&T, Inc. (AT&
4、T) with Time Warner Inc. (Time Warner) could proceed without conditions, after one of the most closely watched antitrust trials in recent memory. The companies announced their intent to merge in October 2016. After examining the transaction for over a year, the Department of Justice (DOJ) challenged
