Economy AT&T, Time Warner close $81 billion merger 2 days after judge OKs Updated : June 15, 2018 01:28 PM IST The merger could shape the way consumers stream TV and movies and how much they pay, and stands to usher in a new era of accelerating change and deal making in the media and telecom worlds. US District Judge Richard Leon ruled against the government's attempt to block the megamerger on anti-competitive grounds. It was the first time in decades that the government had sued to block a merger of two companies that don't compete directly with each other. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.