Andrew Caballero-Reynolds | AFP | Getty Images
President Donald Trump speaks to the press before departing via the south lawn of the White House in Washington, DC on November 21, 2017.
President Donald Trump weighed in briefly on the government’s attempt to block the $85 billion AT&T-Time Warner merger.
“Personally, I’ve always felt in which in which was a deal in which’s not Great for the country. I think your pricing is usually going to go up,” Trump said Tuesday to reporters outside the White House during an impromptu news conference. “nevertheless I’m not going to get involved, the item’s litigation.”
The Justice Department filed a lawsuit Monday to block the deal, calling the item “illegal” along with also saying the item might raise prices for consumers along with also stifle innovation along with also competition. AT&T has vowed to fight the lawsuit in court, resisting suggestions the item sell some of its divisions to win regulatory approval.
Last year on the campaign trail, Trump promised he might not let the just-announced AT&T-Time Warner deal go through, saying the item might concentrate too much power in one company.