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DOJ blocks AT&T acquisition of Time Warner Inc.

The Department of Justice is slamming the brakes on AT&T. The agency is suing the company in order to block the $85.4B acquisition of Time Warner. The D.O.J. claims the deal would raise prices for subscribers and rivals, while slowing the advancements of online video. Yahoo Finance’s Alexis Christoforous and Editor-in-Chief Andy Serwer figure out if the agency has a case.