Court of Appeals’ Decision Upholding AT&T/Time Warner Merger Signals Hurdles in Vertical Merger Enforcement
Vertical mergers among high-tech companies likely became a bit easier today as the U.S. Court of Appeals for the D.C. Circuit rejected the U.S. Justice Department’s effort
to overturn the district court ruling that gave a green light to AT&T’s acquisition of Time Warner.
As this blog noted
, the imminent appellate decision was much anticipated for the signals it would give as to the direction of vertical merger...