Stories

What AT&T's merger win means for health care

A CVS sign outside one of its pharmacies.
The feds are still reviewing the CVS-Aetna deal. Photo: Joe Raedle/Getty Images

The court decision allowing AT&T's takeover of Time Warner, with no conditions, upholds the traditional view that vertical mergers don't pose the same antitrust threats as horizontal ones.

Why it matters: AT&T's win makes it more likely (though not completely certain) that the two giant vertical health care mergers pending with the Department of Justice — CVS' $69 billion acquisition of Aetna and Cigna's $52 billion deal for Express Scripts — will also get the green light.