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BREAKING: US judge clears AT&T merger with Time Warner

A US federal judge on Tuesday cleared the mega merger between AT&T and Time Warner in an antitrust case with potential far-reaching implications.

Judge Richard Leon said the US government failed to meet the burden of proof that the tie up between the largest US pay TV operator and media entertainment giant Time Warner would harm competition.

Leon said the government’s case fell short on all counts and warned against seeking to delay the deal with an appeal saying that would cause irreparable harm to the companies.

Details later…

AFP

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