The American Cable Association (ACA) has told a federal appeals court that it should throw out the district court’s decision to allow the AT&T/Time Warner merger and kick the case back to that court for a new trial, reported Variety.
That came in an amicus brief to the US Court of Appeals for the DC Circuit. The ACA claims the lower court’s “incorrect and inconsistent” economic analysis demands that the ruling be reversed and the case retried.
“In economics, it is generally accepted that an increase in the cost of providing a good (whether increased opportunity costs or otherwise) will ordinarily cause a provider to demand more compensation for the good and increase the price as a result,” they wrote in their brief. They said that Judge Leon rejected that principle when it came to the Justice Department’s (DOJ) claim that Time Warner’s Turner channels would charge higher rates to AT&T’s distribution rivals. But they say that contradicts Judge Leon’s acceptance of AT&T’s claim that digital competition had decreased ad revenue and forced it to charge higher distribution fees.
The DOJ argued that the incentives of the Turner channels would change once it was owned by AT&T, which also owns distributor DirecTV.
Full Content: https: Variety
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
College Sports Leaders in Intensive Talks to Settle NIL Antitrust Case Against NCAA
Apr 30, 2024 by
CPI
EU Investigates Facebook’s and Instagram’s Handling of Disinformation Ahead of Elections
Apr 30, 2024 by
CPI
Antitrust Lawsuit Targets Hotel Giants for Alleged Price Fixing with AI
Apr 30, 2024 by
CPI
ABA Seeks to Join FTC Lawsuit Against Amazon Over Antitrust Concerns
Apr 30, 2024 by
CPI
Google Agrees to Pay News Corp for AI-Related Content
Apr 30, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Economics of Criminal Antitrust
Apr 19, 2024 by
CPI
Navigating Economic Expert Work in Criminal Antitrust Litigation
Apr 19, 2024 by
CPI
The Increased Importance of Economics in Cartel Cases
Apr 19, 2024 by
CPI
A Law and Economics Analysis of the Antitrust Treatment of Physician Collective Price Agreements
Apr 19, 2024 by
CPI
Information Exchange In Criminal Antitrust Cases: How Economic Testimony Can Tip The Scales
Apr 19, 2024 by
CPI