Politics have been at the center of the public debate about the Justice Department’s lawsuit to block AT&T’s $85 billion purchase of Time Warner. But the trial itself, starting later this month, is shaping up to be a fight focused on classic issues in antitrust law.
In court filings on Friday, the Justice Department and AT&T laid out the arguments that they plan to make in the trial. Regulators will argue that the deal will hurt competition and lead to higher prices. AT&T and Time Warner will counter those arguments by saying that even with a merger, it is an underdog against online giants like Facebook and Google.
“If TV-program distributor AT&T acquires TV-program producer Time Warner, American consumers will end up paying hundreds of millions of dollars more than they do now to watch their favorite programs on TV,” the Justice Department said in its brief submitted on Friday evening.
Featured News
Plaintiffs Seek Communications In Antitrust Case Against Pioneer
May 9, 2024 by
CPI
UK Government Approves Vodafone-Hutchison Merger
May 9, 2024 by
CPI
Senate Majority Leader Announces Plan for AI Regulation Framework
May 9, 2024 by
CPI
BBVA Initiates Aggressive Takeover Bid for Sabadell
May 9, 2024 by
CPI
TikTok to Label AI-Generated Content Amid Election Interference Concerns
May 9, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Ecosystems
May 9, 2024 by
CPI
Mapping Antitrust onto Digital Ecosystems
May 9, 2024 by
CPI
Ecosystems and Competition Law: A Law and Political Economy Approach
May 9, 2024 by
CPI
Ecosystem Theories of Harm: What is Beyond the Buzzword?
May 9, 2024 by
CPI
Open Ecosystems: Benefits, Challenges, and Implications for Antitrust
May 9, 2024 by
CPI