New York Times article discusses the Justice Department’s lawsuit to block the AT&T-Time Warner Merger
Legal experts were divided on the merits of the suit.
Gene Kimmelman, the president of Public Knowledge, a nonprofit consumer advocacy group and a former senior antitrust official at the Justice Department, said, “We believe the Justice Department has presented a persuasive case that should satisfy any federal judge that this transaction is illegal and should be blocked, regardless of any politics surrounding the deal.”
Ryan Radia, a legal and regulatory expert at the Competitive Enterprise Institute, took a different view. “The AT&T-Time Warner merger is a vertical transaction that wouldn’t reduce competition in any distinct market,” Mr. Radia said. “Under established antitrust principles, the government will have a difficult time showing a court that the deal is likely to harm consumers.”
Read the full NYT piece here.