![US Justice Department, AT&T settlement talks failed: Court filing [telecom]](https://forums.cabling-design.com/media/21439/conversions/603918bc0cef71.40917573-medium.jpg)
The U.S. Department of Justice and AT&T have held unsuccessful settlement talks over the wireless and pay-TV company's bid to buy movie and TV show maker Time Warner, the two sides said in a court filing on Friday.
The Justice Department has sued to stop AT&T, owner of DirecTV and the No. 2 U.S. wireless company, from buying Time Warner for $85 billion because of concerns that it could raise prices for rivals and pay-TV subscribers and hamper the development of online video.
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