IT’S A GO: A federal judge has given the green light to AT&T’s $85 billion bid for Time Warner, despite opposition from the Trump administration. Analysts say this could spark a wave of mergers in the telecom and media industries, for example, Sprint and T Mobile and Comcast and 21st Century Fox. CNBC

IMPACT ON CONSUMERS: AT&T owns DirecTV, and Time Warner owns CNN, HBO and rights to NBA games on TNT. The Justice Department had argued this could limit competition and allow AT&T to raise prices, but AT&T says it lets them better compete against Amazon and Netflix. Here’s how the deal could impact customers: CBS NEWS


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