The fate of the AT&T-Time Warner merger, a massive media deal opposed by the government that could shape how much consumers pay for streaming TV and movies, rests in the hands of a federal judge.
U.S. District Judge Richard Leon is expected to announce in court Tuesday his decision in the biggest antitrust trial in years. The Trump Justice Department sued to block the $85 billion merger, arguing that it would hurt competition in pay TV and cost consumers hundreds of millions of dollars more to stream TV and movies.
The decision is expected at around 1:00pm Pacific today. Larry speaks with Reuter’s media columnist Jennifer Saba on the potential outcome, and how it might impact the mega media takeover of 21st Century Fox.
With files from the Associated Press
Jennifer Saba, New York-based business and media columnist with Reuters Breakingviews, the op-ed arm of Reuters; she’s been following the merger