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US appeals court blesses AT&T's $81B merger with Time Warner

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WASHINGTON (AP) _ A federal appeals court has blessed AT&T's takeover of Time Warner, defeating the Trump administration by affirming that the $81 billion merger won't harm consumers or competition in the booming pay TV market.  The ruling by the U.S. Court of Appeals in Washington came Tuesday in the high-stakes competition case, approving one of the biggest media marriages ever. It was already completed last spring soon after a federal trial judge approved it, as phone and pay TV giant AT&T absorbed Time Warner, the owner of CNN, HBO, the Warner Bros. movie studio, ``Game of Thrones,'' coveted sports programming and other ``must-see'' shows.   Many observers had expected the decision favorable to AT&T from the three-judge appeals court panel, which upheld the trial judge's June ruling.