Justice Dept. opposes AT&T-Time Warner deal one last time

Justice Dept. opposes AT&T-Time Warner deal one last time

6 years ago
Anonymous $CLwNLde341

https://www.cnet.com/news/at-t-and-justice-department-make-closing-arguments-in-antitrust-court-battle/

The Justice Department reiterated why it's against AT&T's $85 billion merger with Time Warner, saying the deal would hurt pay TV rivals and raise prices for consumers.

In closing arguments Monday, Craig Conrath, the lead attorney for the Justice Department, said if the deal were to go through, AT&T would have an incentive to use Time Warner's cable channels like HBO, TNT and TBS as leverage to limit access to competitors and raise prices for consumers.