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Justice Department Appeals Time Warner-AT&T Merger Approval (cnbc.com)

The Justice Department will appeal the AT&T-Time Warner merger approval, according to a court document filed Thursday. In one of the largest U.S. antitrust cases in decades, U.S. District Judge Richard Leon ruled last month that the merger could go on despite the government's resistance. The feds did not seek a stay that would have prevented the merger from taking place, and AT&T and Time Warner closed the deal directly after Leon's ruling.

3 of 27 comments (clear)

  1. Re:New we wait... by youngone · · Score: 2

    Verizon might buy AT&T, why not?
    Synergies or something.

  2. Re:Too little, too late by Fly+Swatter · · Score: 3, Informative

    You mean this? AT&T Promised Lower Prices After Time Warner Merger -- It's Raising Them Instead. Is not that some sort of breach of agreement?

  3. Re:Too little, too late by Solandri · · Score: 3, Interesting

    That was the same problem JEDEC ran into with Rambus. According to JEDEC rules, members weren't allowed to patent the technologies being discussed. The members were laying the framework for DDR2, and Rambus simply lifted it and patented it. After a lot of court cases, the courts finally decided that Rambus had violated the terms they'd agreed to when they joined JEDEC. However, since the membership terms didn't lay out any penalties for what would happen if someone violated the rules, the only recourse JEDEC had was to kick Rambus out. Outside of JEDEC, Rambus' patents were still valid.

    If there's no guaranteed penalty for breaking a promise, the promise is worthless.