Tuesday, 19 June 2018

AT&T slams DoJ's 'inexplicable' lawsuit against Time Warner deal

By Nick Wood, Total Telecom
Tuesday 21 November 17

U.S. government claims merger threatens to 'greatly harm' consumers

AT&T late on Monday said it sees no legitimate reason to block its proposed merger with Time Warner, following the U.S. Department of Justice (DoJ)'s decision to file a lawsuit against the deal. "Today's DoJ lawsuit is a radical and inexplicable departure from decades of antitrust precedent. Vertical mergers like this one are routinely approved because they benefit consumers without removing any competitor from the market…

AT&T late on Monday said it sees no legitimate reason to block its proposed merger with Time Warner, following the U.S. Department of Justice (DoJ)'s decision to file a lawsuit against the deal. "Today's DoJ lawsuit is a radical and inexplicable departure from decades of antitrust precedent. Vertical mergers like this one are routinely approved because they benefit consumers without removing any competitor from the market…

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