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June 13, 2018

More media mergers likely after AT&T-Time approval

By MAE ANDERSON
AP Technology Writer

NEW YORK — Now that a federal judge has cleared AT&T's $85 billion takeover of Time Warner, other companies are likely to rush to consolidate.

Tuesday's ruling signaled that federal regulators will have a hard time stopping companies from getting bigger by gobbling up rivals and the content they own. Even if a company doesn't need to get bigger right away, it might need to do so to prevent a competitor from doing so.


 
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