US facing off against AT&T to block merger with Time Warner

US facing off against AT&T to block merger with Time Warner

6 years ago
Anonymous $gIi3-PxxKB

https://finance.yahoo.com/news/us-facing-off-against-t-080126449.html

Opening arguments come Thursday in the landmark antitrust case in federal court in Washington. The Justice Department has sued to block the $85 billion deal, saying it would hurt competition and consumers would have to pay more to watch their favorite shows, whether on a TV screen, smartphone or tablet.

AT&T insists the merger is needed to compete in a rapidly shifting marketplace as more people use streaming services like Netflix, Amazon and others. It denies the government's assertion that the merger would limit choice and push up prices.

US facing off against AT&T to block merger with Time Warner

Mar 22, 2018, 9:17am UTC
https://finance.yahoo.com/news/us-facing-off-against-t-080126449.html > Opening arguments come Thursday in the landmark antitrust case in federal court in Washington. The Justice Department has sued to block the $85 billion deal, saying it would hurt competition and consumers would have to pay more to watch their favorite shows, whether on a TV screen, smartphone or tablet. > AT&T insists the merger is needed to compete in a rapidly shifting marketplace as more people use streaming services like Netflix, Amazon and others. It denies the government's assertion that the merger would limit choice and push up prices.