AT&T and Time Warner versus the DOJ: What's happened so far

AT&T and Time Warner versus the DOJ: What's happened so far

6 years ago
Anonymous $CLwNLde341

https://www.cnet.com/news/att-time-warner-versus-the-doj-over-merger-whats-happened-so-far/

AT&T Chairman and CEO Randall Stephenson, Time Warner CEO Jeff Bewkes, and John Stankey, the AT&T executive in charge of the merger, all took the stand this week to defend the $85 billion media deal, which the US Justice Department has sued to block.

Bewkes called the government's claims "ridiculous" and said they "make no sense." Stephenson said the idea that AT&T and Time Warner would be able to raise prices on competitors following the merger was "absurd."