U.S. files lawsuit to block AT&T’s acquisition of Time Warner
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(Reuters) — The U.S. Department of Justice sued AT&T Inc on Monday to block its $85.4 billion acquisition of Time Warner Inc, saying the deal could raise prices for rivals and pay-TV subscribers. The legal challenge came after AT&T rejected a demand by the Justice Department earlier this month to divest its DirecTV unit or Time Warner’s […]

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