AT&T-Time Warner Trial: Expert Witness Blasts DOJ Claims of Merger Harms

WASHINGTON — An expert witness for AT&T-Time Warner spent much of Thursday blasting the methodology behind the government’s claims of the merger’s harm to consumers, even concluding that “on average prices will go down.” Dennis Carlton, a professor at the University of Chicago, refuted claims made just a day earlier by Carl Shapiro, the government’s […]

WASHINGTON — An expert witness for AT&T-Time Warner spent much of Thursday blasting the methodology behind the government’s claims of the merger’s harm to consumers, even concluding that “on average prices will go down.” Dennis Carlton, a professor at the University of Chicago, refuted claims made just a day earlier by Carl Shapiro, the government’s […]

Antitrust Chief Makan Delrahim Praises John Oliver for ‘Last Week Tonight’ Segment

WASHINGTON — When John Oliver skewered lax enforcement of antitrust laws in a segment last year on “Last Week Tonight,” he had a fan in the Trump administration: Makan Delrahim, the chief of the Justice Department’s antitrust division. “He did a great piece, about 17 minutes on antitrust law, and he goes through all this, […]

WASHINGTON — When John Oliver skewered lax enforcement of antitrust laws in a segment last year on “Last Week Tonight,” he had a fan in the Trump administration: Makan Delrahim, the chief of the Justice Department’s antitrust division. “He did a great piece, about 17 minutes on antitrust law, and he goes through all this, […]

Senator Asks DOJ to Take Another Look at Comcast-NBCUniversal Merger

Sen. Richard Blumenthal (D-Conn.) said that he has asked that the Justice Department to investigate the Comcast-NBCUniversal merger and whether it will pose a threat to consumers after conditions to the transaction expire in September, 2018. He referenced the transaction, approved by the Justice Department and the FCC in 2011, at a Senate Judiciary subcommittee […]

Sen. Richard Blumenthal (D-Conn.) said that he has asked that the Justice Department to investigate the Comcast-NBCUniversal merger and whether it will pose a threat to consumers after conditions to the transaction expire in September, 2018. He referenced the transaction, approved by the Justice Department and the FCC in 2011, at a Senate Judiciary subcommittee […]

Disney-Fox: Will Trump Regulators Who Nixed AT&T-Time Warner Cry Foul Again?

As Disney gets set to announce its acquisition of 21st Century Fox assets, reportedly on Thursday, Hollywood and Wall Street are swooning so much they have almost forgotten their other recent obsession: the fate of the even bigger AT&TTime Warner deal.
The momentum of one deal just as the other one moves sideways is prompting this question: Given the formidable scale of the combined company, will the Murdoch family’s game-changing move trigger the same regulatory…

As Disney gets set to announce its acquisition of 21st Century Fox assets, reportedly on Thursday, Hollywood and Wall Street are swooning so much they have almost forgotten their other recent obsession: the fate of the even bigger AT&T-Time Warner deal. The momentum of one deal just as the other one moves sideways is prompting this question: Given the formidable scale of the combined company, will the Murdoch family’s game-changing move trigger the same regulatory…

Trial Date Set For U.S. Government’s Bid To Block AT&T-Time Warner Deal

Splitting the difference between AT&T’s request for a trial date in February and the government’s interest in beginning as late as May, the judge in the closely watched antitrust battle said the trial will begin March 19.
During a pre-trial hearing, U.S. District Court Judge Richard Leon in Washington established middle ground between AT&T’s request for Feb. 20 and the government’s preference of May 7.
At issue is AT&T’s proposed $85 billion takeover of Time Warner, a…

Splitting the difference between AT&T’s request for a trial date in February and the government’s interest in beginning as late as May, the judge in the closely watched antitrust battle said the trial will begin March 19. During a pre-trial hearing, U.S. District Court Judge Richard Leon in Washington established middle ground between AT&T’s request for Feb. 20 and the government’s preference of May 7. At issue is AT&T’s proposed $85 billion takeover of Time Warner, a…

AT&T Boss Randall Stephenson: “We’re Prepared To Make Concessions” To DOJ–But Hands Off CNN

Speaking today at the Economic Club of New York, AT&T chief Randall Stephenson said the company is “prepared to make concessions” to the government in order to win approval of its long-gestating acquisition of Time Warner.
One major no-fly zone, however, remains CNN, Stephenson warned. (See full video below.)
“We’re going to do nothing that would lend credence to an idea that we’re actually making concessions to address somebody’s concerns with CNN,” Stephenson…

Speaking today at the Economic Club of New York, AT&T chief Randall Stephenson said the company is “prepared to make concessions” to the government in order to win approval of its long-gestating acquisition of Time Warner. One major no-fly zone, however, remains CNN, Stephenson warned. (See full video below.) "We're going to do nothing that would lend credence to an idea that we're actually making concessions to address somebody's concerns with CNN," Stephenson…

AT&T, Time Warner Extend Merger Deadline To April 2018 During DOJ Fight

AT&T and Time Warner have extended the deadline for their pending $85 billion merger until April 2018, which they hope will allow their looming courtroom fight with the government to be resolved.
The new deadline is April 22, but in a sense the U.S. Department of Justice already had extended the date when the deal’s fate would be determined when it opted to file a lawsuit earlier this month to block the deal. Estimates vary in terms of how long a trial would take, but it…

AT&T and Time Warner have extended the deadline for their pending $85 billion merger until April 2018, which they hope will allow their looming courtroom fight with the government to be resolved. The new deadline is April 22, but in a sense the U.S. Department of Justice already had extended the date when the deal’s fate would be determined when it opted to file a lawsuit earlier this month to block the deal. Estimates vary in terms of how long a trial would take, but it…