For this reason, the government was hoping that Leon would at least put conditions on the merger, like requiring the telecom to sell off some of Time Warner's most coveted properties.
The U.S. Department of Justice has lost its antitrust lawsuit to bar the planned AT&T and Time Warner merger, according to Business Insider. For more, RT America's Manila Chan is joined by former Florida Democratic Party Chair Mitch Ceasar and GOP Strategist Ken Del Vecchio.
Consumer advocacy groups denounced the ruling, arguing that it could enable AT&T to thwart competition from online video distributors - especially now that the Obama-era net neutrality rules have been repealed. Disney's Iger has also said Fox is key to its plans for Hulu, which it would gain control of if it acquired Fox.
There have been persistent reports that Comcast, which owns the majority of NBC Universal, would make an offer to Murdoch and Fox's board that included more cash and less stock than Disney was offering.
The trial lasted for six weeks, with the government suing to stop the deal over concerns about its impact on competitors and consumers.
The DOJ filed suit against AT&T in November of previous year, claiming that if the deal were allowed to go through, Time Warner's Turner television networks could be withheld from competing TV carriers or licensed at such a high cost as to give AT&T (who also owns DirecTV) an unfair advantage over its competitors.
The tie-up would Wednesday largest USA pay-TV operator and the second-largest wireless phone carrier with Time Warner, owner of premium channel HBO, the Warner Bros studios, Cartoon Network and CNN. "We continue to believe that the pay-TV market will be less competitive and less innovative as a result of the proposed merger between AT&T and Time Warner".
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Judge Leon has said he will issue his decision on AT&T's proposed deal today.
AT&T has been given the green light for its $85bn (£63bn) blockbuster takeover of Time Warner, rebuffing efforts to block the deal by the Trump administration.
Market players say they're expecting AT&T's go-ahead to unleash further M&A activity down the road - much of which will be funded in the credit markets. This news comes to us courtesy of The Associated Press.
"Consumers may not notice the difference if this one deal goes through because they are already getting crushed in the marketplace", added Susan Crawford, a professor at Harvard Law School and author of Captive Audience on the Comcast/NBCUniversal merger.
Democrats on Capitol Hill have raised questions about the Justice Department's motivations and the White House's influence in deciding to take the case to court.
Another wild card could be whether Verizon, AT&T's main competitor, is forced to respond to the acquisition with a mega M&A of its own, Janelle Woodward, global co-head of income at BMO Global Asset Management, said.