*By Alisha Haridasani* The Justice Department will appeal the $85 billion AT&T-Time Warner mega-merger a month after a federal judge gave it his blessing. That's according to court papers reportedly filed on Thursday, which challenge Judge Richard Leon's ruling that the government did not sufficiently prove a deal would hurt competition in the industry. At the time, Leon also tried to dissuade the DoJ from filing an appeal. “A stay pending appeal would be a manifestly unjust outcome in this case,” wrote Judge Richard Leon. “I do not believe that the government has a likelihood of success on the merits of an appeal.” Since receiving the green light, AT&T completed its acquisition of Time Warner and created a new company called WarnerMedia, which started offering skinny bundles for consumers leveraging on content from CNN, TBS, and TNT. But while the companies promised the deal would not raise prices for consumers, AT&T earlier this month hiked the monthly rate for most of its DirecTV Now video streaming plans. Amazon Studios' former head of strategy Matthew Ball [pointed out](https://twitter.com/ballmatthew/status/1017507315266785280) that may have been a bad move. AT&T shares fell by more than 1 percent on the news in after hours trading.

Share:
More In Business
What You Need to Know About IRS Tax Audits
Mark Steber, chief tax information officer at Jackson Hewitt Tax Services, joined Cheddar News to explain what common red flags to look out for that could trigger tax audits.
Altria Sells Stake in Juul, Buys Vaping Rival NJOY
Altria has announced plans to acquire e-cigarette and vaping giant NJOY for $2.75 billion in cash just days after selling its stake in Juul Labs, another vaping company that is currently mired in legal challenges.
Load More