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    Justice Department Sues to Block AT&T-Time Warner Merger

    Hold the line, please. The U.S. Department of Justice has launched a lawsuit to block AT&T’s $85 billion bid for Time Warner, arguing it would hurt consumers and stifle competition. Observers say the case — unusual because it challenges a merger between two different types of companies — could become a landmark antitrust action, potentially discouraging similar deals in the future. For some Democrats, it’s more political: They fear President Donald Trump’s well-known distaste for CNN, which is owned by Time Warner, could be driving the case.

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