Government’s AT&T-Time Warner Antitrust Case Opens

Mar 19, 2018  •  Post A Comment

“The antitrust trial over AT&T’s proposed merger with Time Warner started on Monday, a case that has huge ramifications for the future of Hollywood and other massive media mergers in an age of consumer disruption,” Variety reports.

“The first morning was devoted to the question of just what types of evidence should be admitted into the case, but it also offered a glimpse of what will happen in the weeks ahead,” the story reports. “AT&T CEO Randall Stephenson and Time Warner CEO Jeff Bewkes are expected to testify, and the government is planning to call executives at rival companies to argue that the transaction will harm their competitive positions.”

Variety notes that the Justice Department, which is suing to block the $85 billion merger, wants to enter emails from AT&T and Time Warner executives, including what one of the government’s attorneys, Eric Welsh, called “some very startling statements” from corporate executives.

Your Comment

Email (will not be published)