DoJ seeks to block Time Warner/AT&T merger
The Department of Justice has filed a lawsuit as it tries to block the acquisition of Time Warner by AT&T. The DoJ says that the merger would cause bills to rise and stifle choice for consumers.
There is concern about the level of control such a merger would give the company over programming and distribution, but AT&T says that it will fight the lawsuit, saying that there is no reason for the merger to be blocked.