Consumer advocacy groups ask Attorney General Sessions to block AT&T's purchase of Time Warner
In a letter written to the Attorney General, executives of the seven firms said that approving the deal could lead to a stifling of innovation in the area, and lead to a hike in prices. When AT&T first announced that it was buying Time Warner in October for $85.4 billion, then Republican candidate Donald Trump said that if he won the presidential election, he would seek to block the deal because "It's too much concentration of power in the hands of too few."
Time Warner happens to be the parent company of CNN, the cable news channel that provides 24 hours of news each day to subscribers. It also happens to be the news outlet that Trump insults the most, calling its programming "FAKE news" whenever it runs a story that takes issue with the president. Some believe that Trump is looking to block the deal as a way to get back at CNN for its coverage of his presidency.