Entries Matching: Mergers

Court Denies AT&T’s Requests for Internal DOJ Communications in Antitrust Lawsuit

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Today, U.S. District Court Judge Richard D. Leon denied AT&T's request for certain documents and testimony in its defense against the Department of Justice's charge that its proposed acquisition of Time Warner violates antitrust laws. AT&T has argued that it is subject to "selective enforcement," that is, that the DOJ's motivation in bringing the case is primarily political, and motivated by President Trump's well-known dislike of CNN, a Time Warner property. The DOJ rejects this contention, maintaining that the DOJ's Antitrust Division alone decided to bring this case.

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Public Knowledge Calls for Thorough Antitrust Review of Disney-Fox Deal to Protect Consumers

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Today, Walt Disney Co. announced a deal to acquire significant programming assets from 21st Century Fox Inc. The deal would unite two substantial content companies and mark the second media mega-merger to face antitrust scrutiny next year. Public Knowledge contends that this merger may pose harms to competition and consumers by further consolidating must-have programming assets and major motion picture studios, and ultimately leading to consumers paying higher prices for video content.

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Public Knowledge President Gene Kimmelman Submits Statement for Antitrust Hearing

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Today, Public Knowledge President Gene Kimmelman submitted a statement to the U.S. Senate Committee on the Judiciary’s Subcommittee on Antitrust, Competition, and Consumer Rights. His statement in the December 13 hearing on “The Consumer Welfare Standard in Antitrust: Outdated or a Harbor in a Sea of Doubt?” contends we need more than antitrust law to promote market competition that benefits consumers.

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