CNN’s Stelter: AT&T Will Pursue ‘Personal’ Theory in Court that Trump’s Blocking Merger with Time Warner

RUSH EXCERPT:
STELTER: "A year ago, this was a very, very unexpected. Normally these deals get announced, it takes about a year for the approval process, the government gives its blessing usually with conditions and then you see deals become official. That’s what was about to happen between AT&T and Time Warner. They were weeks away from completing this mega media merger, but the government later today will file suit in order to block the deal. That means a lengthy court process may be ahead. This is something that has been the talk of the antitrust community because there are two theories here, Jim, on what’s going on. The first is that the Trump Administration has legitimate and real concerns about whether this deal is anti-competitive, whether it would harm consumers. The other theory is more personal. It’s that President Trump and his aides in the White House want this deal to be blocked and have somehow interfered in the process in order to ensure that AT&T and Time Warner would be sued. I’m told AT&T will try to pursue that theory in court in the months to come.”