Judges Query DOJ’s Arguments in Enchantment of AT&T Antitrust Determination


WASHINGTON — AT&T’s merger with Time Warner confronted a brand new spherical of judicial scrutiny on Thursday as a three-judge panel weighed whether or not there have been clear errors in a district courtroom resolution that cleared the best way for the transaction.

The panel — Judith Rogers, a Clinton appointee; Robert L. Wilkins, an Obama appointee; and David Sentelle, a Reagan appointee — gave little clear indication of which method they have been leaning.

However they did ask plenty of skeptical inquiries to the Justice Division’s lawyer, Michael Murray, and pressed him on simply the place the federal government can present that the decrease courtroom erred in its resolution.

In June, U.S. District Choose Richard Leon’s 172-page resolution dominated in favor of AT&T, and rejected all the authorities’s arguments.

The Justice Division claims Leon ignored the “economics of bargaining,” and that he “illogically and erroneously concluded” that the merger wouldn’t give Time Warner, now referred to as WarnerMedia, extra leverage. The federal government contends that the merger will enable WarnerMedia to extract increased costs for Turner content material from distribution rivals, and that AT&T-owned DirecTV would finally profit.

media stocks - wall-street