Several Possible Outcomes to AT&T-Time Warner Trial

A ruling will be announced on June 12, giving judge about six weeks to reach a decision on one of the biggest antitrust cases in recent times

Now T-Mobile has agreed to buy Sprint, the U.S. wireless industry is about to be dominated by three major players. But how did we go from the days of one giant landline monopoly to four competitive cell companies? Illustration: Shaumbe Wright/WSJ
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WASHINGTON—The six-week trial over AT&T Inc.’s planned acquisition of Time Warner Inc. ended Monday, and a ruling will be announced on June 12. Here is the range of possible outcomes.

How AT&T could win

AT&T and Time Warner have two paths to full victory. The first is straightforward: U.S. District Judge Richard Leon could find that the proposed $85 billion deal is unlikely to lead to higher prices or reduced options for consumers.

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