On March 21, the U.S. District Court for D.C. will hear arguments in U.S. v. AT&T Inc. et al. AT&T plans to acquire Time Warner to combine its nationwide mobile and satellite distribution networks with one of the biggest producers of content in the market. The Department of Justice filed a complaint in November of last year, seeking an injunction to block the transaction. The DOJ argues that the merger breaches antitrust laws, and would greatly harm American consumers by raising monthly television bills and preventing emerging competitive services. AT&T rejects this conclusion as an improbable hypothesis, claiming the acquisition would not change the company's incentives to keep prices low to remain competitive in the TV market.
Is this merger unlawful and would consumers be worse off? Jim Tierney will join us to give us his impressions of the pleadings for this case.
Featuring:
James Tierney, Partner, Orrick, Herrington & Sutcliffe LLP



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