US District Judge Richard Leon said a trial to decide if AT&T’s $85 billion acquisition of Time Warner is legal under US antitrust law may last six to eight weeks, significantly longer than previously forecast.
The US Judicial Panel on Multidistrict Litigation randomly selected the United States Court of Appeals for the Ninth Circuit to hear the consolidated challenges to the Federal Communications Commission's repeal of net neutrality rules. A
The Federal Communications Commission approved Time Warner's sale of a broadcast station in Atlanta to Meredith, a transaction that could help speed Time Warner's planned merger with AT&T.
Federal Communications Commission Chairman Ajit Pai, vowed to pare back outdated commission regulations, but declined to say if he will move quickly to overturn the Obama administration's landmark network neutrality rules.