*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
The Walk and Talk: The Wall Street Hotel
Nick Hanigan, Executive Director & Development Manager at Paspaley Pearls Properties, joins Cheddar News' Hena Doba on a Walk and Talk to check out The Wall Street Hotel's latest innovations in the heart of the historic financial district.
Peacock To Launch Live Stream Function
Peacock will launch a new interactive feature that allows fans to livestream episodes while actors from the shows provide real-time reactions and provide commentary and a Q&A.
Load More