Judges Question DOJ’s Arguments in Appeal of AT&T Antitrust Decision

WASHINGTON — AT&T’s merger with Time Warner faced a new round of judicial scrutiny on Thursday as a three-judge panel weighed whether there were clear errors in a district court decision that cleared the way for the transaction. The pan…

WASHINGTON — AT&T’s merger with Time Warner faced a new round of judicial scrutiny on Thursday as a three-judge panel weighed whether there were clear errors in a district court decision that cleared the way for the transaction. The panel — Judith Rogers, a Clinton appointee; Robert L. Wilkins, an Obama appointee; and David Sentelle, […]

DOJ’s Appeal of AT&T-Time Warner Decision Sets Date for Oral Arguments

WASHINGTON — The Justice Department’s appeal of the AT&T-Time Warner antitrust decision has been set for oral argument on Dec. 6. A panel of the D.C. Court of Appeals will hear from both sides in the case as it weighs whether to overtur…

WASHINGTON — The Justice Department’s appeal of the AT&T-Time Warner antitrust decision has been set for oral argument on Dec. 6. A panel of the D.C. Court of Appeals will hear from both sides in the case as it weighs whether to overturn all or parts of U.S. District Judge Richard Leon’s decision in favor […]

DOJ, AT&T-Time Warner Provide Conflicting Accounts of Pre-Antitrust Suit Clash

WASHINGTON — As the Justice Department pursues its appeal of a federal judge’s decision in favor of the AT&T-Time Warner merger, new court filings shed light on the tense meetings that ended with the filing of the landmark lawsuit. The …

WASHINGTON — As the Justice Department pursues its appeal of a federal judge’s decision in favor of the AT&T-Time Warner merger, new court filings shed light on the tense meetings that ended with the filing of the landmark lawsuit. The contentiousness in one key meeting revolved around the companies’ claims that they were being unfairly […]

DOJ Suggests “Swift” Process For Appeal Of AT&T-Time Warner Decision

Antitrust regulators at the Department of Justice have proposed an expedited process for their appeal of a federal judge’s landmark decision last month allowing AT&T to merge with Time Warner.
Final briefs in the D.C. Circuit Court of Appeals…

Antitrust regulators at the Department of Justice have proposed an expedited process for their appeal of a federal judge’s landmark decision last month allowing AT&T to merge with Time Warner. Final briefs in the D.C. Circuit Court of Appeals case are due Oct. 18, according to terms agreed upon by both sides and disclosed in today’s DOJ filing in the case, with oral argument soon following. (Read the full filing HERE.) “Because the United States believes that oral…

DOJ Won’t Seek to Halt AT&T-Time Warner Merger Pending Any Appeal

WASHINGTON — The Justice Department won’t seek to halt AT&T-Time Warner’s plans to merge pending an appeal, meaning that the companies can complete their combination. The government is said to still be considering whether to appea…

WASHINGTON — The Justice Department won’t seek to halt AT&T-Time Warner’s plans to merge pending an appeal, meaning that the companies can complete their combination. The government is said to still be considering whether to appeal the case, but it declined to exercise an option to try to stay the transaction in the meantime. The […]

AT&T-Time Warner Merger Approved

WASHINGTON — AT&T’s $85.4 billion proposed merger with Time Warner can proceed and does not pose antitrust problems, a federal judge ruled on Tuesday. U.S. District Judge Richard Leon announced his decision at a hearing at the federal c…

WASHINGTON — AT&T’s $85.4 billion proposed merger with Time Warner can proceed and does not pose antitrust problems, a federal judge ruled on Tuesday. U.S. District Judge Richard Leon announced his decision at a hearing at the federal courthouse, gathering all of the parties together for a dramatic coda after a six-week trial. The decision […]

AT&T-Time Warner, DOJ Await Decision in Antitrust Trial

WASHINGTON — Seven hours before a federal judge is scheduled to deliver his ruling in the AT&T-Time Warner antitrust trial, long lines already began to form on the sixth floor of the D.C. federal courthouse. The decision, to be announced duri…

WASHINGTON — Seven hours before a federal judge is scheduled to deliver his ruling in the AT&T-Time Warner antitrust trial, long lines already began to form on the sixth floor of the D.C. federal courthouse. The decision, to be announced during a 4 p.m. ET hearing, has huge stakes. AT&T-Time Warner is hoping for a […]

AT&T’s Hiring of Michael Cohen’s Firm Raises Question: What Did He Do for Them?

At a conference in December of 2016, just weeks after AT&T announced its massive merger with Time Warner, CEO Randall Stephenson was asked about newly elected president Donald Trump’s opposition to the deal. “Anytime the president of th…

At a conference in December of 2016, just weeks after AT&T announced its massive merger with Time Warner, CEO Randall Stephenson was asked about newly elected president Donald Trump’s opposition to the deal. “Anytime the president of the United States comes out and says they’re not in favor of what you’re trying to do, you […]

Justice Department Urges Turner or DirecTV Sale as Remedy to AT&T-Time Warner Merger

WASHINGTON — The Justice Department is urging a federal judge to block AT&T-Time Warner’s proposed merger or require a significant sale of assets, rather than impose “behavioral” conditions on the deal like an agreement to a…

WASHINGTON — The Justice Department is urging a federal judge to block AT&T-Time Warner’s proposed merger or require a significant sale of assets, rather than impose “behavioral” conditions on the deal like an agreement to arbitrate disputes with distribution rivals. In its post-trial brief, unsealed on Tuesday, the government says that U.S. District Judge Richard […]

AT&T-Time Warner: Trial ‘Confirmed’ They Were Singled Out for Antitrust Case

Attorneys for AT&T and Time Warner said in a court filing on Thursday that the evidence presented by the government in the antitrust trial showed that they were the victims of differential treatment from other vertical transactions. The comment was…

Attorneys for AT&T and Time Warner said in a court filing on Thursday that the evidence presented by the government in the antitrust trial showed that they were the victims of differential treatment from other vertical transactions. The comment was made in a footnote to the AT&T-Time Warner trial brief, in which the companies dismissed […]

AT&T-Time Warner Trial: Judge Declines to Remove DirecTV as Defendant

WASHINGTON — The federal judge in the AT&T-Time Warner antitrust trial has denied an effort to remove DirecTV as a named defendant in the case. On Friday, he rejected a motion brought by DirecTV, which AT&T acquired in a deal that closed …

WASHINGTON — The federal judge in the AT&T-Time Warner antitrust trial has denied an effort to remove DirecTV as a named defendant in the case. On Friday, he rejected a motion brought by DirecTV, which AT&T acquired in a deal that closed in 2015. U.S. District Judge Richard Leon offered no reason for his decision. […]

AT&T-Time Warner Trial: Testimony Ends, Closing Arguments Set for Monday

WASHINGTON — Testimony in the AT&T-Time Warner trial wrapped up on Thursday, with the marathon antitrust case concluding on Monday with closing arguments. Attorneys for both sides shook hands with each other after Judge Richard Leon praised t…

WASHINGTON — Testimony in the AT&T-Time Warner trial wrapped up on Thursday, with the marathon antitrust case concluding on Monday with closing arguments. Attorneys for both sides shook hands with each other after Judge Richard Leon praised the legal teams for their preparations. “Both sides deserve a lot of beers at a minimum.” There was […]

DOJ’s Economic Expert Spars With AT&T-Time Warner Attorney in Trial

WASHINGTON — The Justice Department’s chief economic expert sparred with AT&T-Time Warner’s lead attorney at the antitrust trial on Tuesday in a number of tense exchanges over the method for estimating the consumer impact of the p…

WASHINGTON — The Justice Department’s chief economic expert sparred with AT&T-Time Warner’s lead attorney at the antitrust trial on Tuesday in a number of tense exchanges over the method for estimating the consumer impact of the proposed merger. At one point, Daniel Petrocelli, the lead attorney for AT&T-Time Warner, and Carl Shapiro, professor at University of California […]

Merger Mayhem: Media Companies Scramble to Bulk Up in Order to Survive

Hollywood hasn’t been this on edge since the advent of talking pictures nearly a century ago. Across every studio lot, in the halls of every network, production company and talent agency, there’s a level of angst that has spiked far beyond the usual pa…

Hollywood hasn’t been this on edge since the advent of talking pictures nearly a century ago. Across every studio lot, in the halls of every network, production company and talent agency, there’s a level of angst that has spiked far beyond the usual panic over opening-weekend box office numbers or the ratings of a big-budget […]

AT&T-Time Warner Trial: DOJ Goes After Claims of Merger’s Cost Savings, Revenue Growth

WASHINGTON — The AT&T-Time Warner antitrust trial began to wind down on Monday as the Justice Department presented two expert witnesses who have raised doubts about the cost savings and new revenue that can be tied to the merger. AT&T&#82…

WASHINGTON — The AT&T-Time Warner antitrust trial began to wind down on Monday as the Justice Department presented two expert witnesses who have raised doubts about the cost savings and new revenue that can be tied to the merger. AT&T’s John Stankey, tasked with overseeing the integration of the companies, last week testified that his […]

AT&T-Time Warner Trial: Randall Stephenson Explains Rationale for Merger

WASHINGTON — AT&T CEO Randall Stephenson defended his company’s $85 billion plan to merge with Time Warner as he took the stand in one of the most anticipated moments of the antitrust trial. Often speaking directly to the judge as he gave his testimony, Stephenson emphasized that AT&T wanted “wide broad distribution” for Time Warner […]

WASHINGTON — AT&T CEO Randall Stephenson defended his company’s $85 billion plan to merge with Time Warner as he took the stand in one of the most anticipated moments of the antitrust trial. Often speaking directly to the judge as he gave his testimony, Stephenson emphasized that AT&T wanted “wide broad distribution” for Time Warner […]

AT&T-Time Warner Trial: John Stankey Says He Doesn’t Like Comcast

WASHINGTON — AT&T’s John Stankey, who will be in charge of the unit overseeing Warner Bros., HBO and Turner networks if the Time Warner merger goes through, took the stand at the antitrust trial and gave what was certainly the irreverent quote of the day. “I don’t like Comcast,” he said on Wednesday, adding, “I’m […]

WASHINGTON — AT&T’s John Stankey, who will be in charge of the unit overseeing Warner Bros., HBO and Turner networks if the Time Warner merger goes through, took the stand at the antitrust trial and gave what was certainly the irreverent quote of the day. “I don’t like Comcast,” he said on Wednesday, adding, “I’m […]

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 […]

AT&T-Time Warner Trial: Key DOJ Expert Witness Says Merger Will Cost Consumers

WASHINGTON — The Justice Department, nearing the end of its witness list in the AT&T-Time Warner antitrust trial, presented an expert whose study about the impact of the merger gave the government’s lawsuit its economic heft. Carl Shapiro, a professor at University of California at Berkeley who also has held positions at the White House […]

WASHINGTON — The Justice Department, nearing the end of its witness list in the AT&T-Time Warner antitrust trial, presented an expert whose study about the impact of the merger gave the government’s lawsuit its economic heft. Carl Shapiro, a professor at University of California at Berkeley who also has held positions at the White House […]

AT&T-Time Warner Trial: Judge Queries DOJ Expert Witness on Prediction of Merger Behavior

WASHINGTON — A key government expert witness took the stand in the AT&T-Time Warner antitrust trial, running through the results of his study showing that the merger will lead to higher prices for consumers. The expert, UC Berkeley Professor Carl Shapiro, traces the price increases to the increased leverage that AT&T-Time Warner will have in […]

WASHINGTON — A key government expert witness took the stand in the AT&T-Time Warner antitrust trial, running through the results of his study showing that the merger will lead to higher prices for consumers. The expert, UC Berkeley Professor Carl Shapiro, traces the price increases to the increased leverage that AT&T-Time Warner will have in […]

AT&T-Time Warner Trial: DOJ Grills Executive on Comment About Pay TV ‘Golden Goose’

WASHINGTON — The AT&T-Time Warner antitrust trial entered its fourth week on Monday as the Justice Department grilled an executive about the extent to which AT&T-owned DirecTV was concerned that the launch of its new streaming service would cannibalize the “golden goose” of its traditional satellite pay service. But the executive, Devin Merrill, insisted that […]

WASHINGTON — The AT&T-Time Warner antitrust trial entered its fourth week on Monday as the Justice Department grilled an executive about the extent to which AT&T-owned DirecTV was concerned that the launch of its new streaming service would cannibalize the “golden goose” of its traditional satellite pay service. But the executive, Devin Merrill, insisted that […]