Justice Department appeal says AT&T-Time Warner merger decision is ‘contrary to fundamental economic logic’

In an appeal brief filed today, the Justice Department made its case for why the DC Circuit Court of Appeals should overturn a lower court's decision to let AT&T and Time Warner merge. The department's argument, in short, says that the district court judge made a series of mistakes by not considering all the facts in his economic analysis approving the merger. The appeal argues that the judge "clearly erred" in his analysis of bargaining leverage Time Warner would gain in the merger, and that the resulting decision is "contrary to fundamental economic logic and the evidence." Brief claims ruling is "internally inconsistent" Furthermore, the Justice Department's brief argues, the judge's analysis of the industry is "internally... Continue reading… via The Verge - Tech Posts https://ift.tt/2vljp4Y If New feed item from http://www.theverge.com/tech/rss/index.xml, t