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AT&T Issues a Statement on The DOJ Lawsuit to Blocking Their Acquisition of Time Warner

Yesterday it was reported was later disputed but never completely disproven. Now Reuters has reported that the Justice Department plans to sue AT&T to prevent it from buying Time Warner. According to the Justice Department, the sale could be a “major antitrust matter.”

Now AT&T has replied to the DOJ lawsuit with an official statement:

“Today’s DOJ lawsuit is a radical and inexplicable departure from decades of antitrust precedent. Vertical mergers like this one are routinely approved because they benefit consumers without removing any competitor from the market. We see no legitimate reason for our merger to be treated differently.”

“Our merger combines Time Warner’s content and talent with AT&T’s TV, wireless and broadband distribution platforms. The result will help make television more affordable, innovative, interactive and mobile. Fortunately, the Department of Justice doesn’t have the final say in this matter. Rather, it bears the burden of proving to the U.S. District Court that the transaction violates the law. We are confident that the Court will reject the Government’s claims and permit this merger under longstanding legal precedent.”

Clearly, AT& T plans to fight this lawsuit with the hopes of still buying Time Warner. So now all we can do is wait and see what the courts will rule but it is very likely this case could drag on for some time.

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10 Responses to AT&T Issues a Statement on The DOJ Lawsuit to Blocking Their Acquisition of Time Warner

  1. Cooper McChester November 21, 2017 at 2:09 pm #

    This AT&T lawsuit is a clear deflection of the real issue at hand. Net Neutrality is the real gold mine for the ISP’s and would give AT&T FAR more power in price control. If N.N goes down the ISPs will be able to charge Netflix, Hulu, Sling etc for you using it. So not only do they get your 40 to 80 bucks a month for the internet line, they will have the services you use to lower your bill as a cash cow to claw back the savings that you have incurred. In return, Netflix and the others will HAVE to charge you more for their services in able to recoup the revenues that the ISPs are taking from them. This would be exact opposite of the Ma Bell breakup from the 1980s. Don’t fall for the left jab because it is a ruse for the right hook that is following it.

  2. Barbara R November 21, 2017 at 2:28 pm #

    Net neutrality went down today. Over and out.

    • Cooper McChester November 21, 2017 at 5:42 pm #

      Wonder if we get a new FCC in 2020, we can get it back..

    • S. Mays November 21, 2017 at 7:18 pm #

      Yup. Going to see your Netflix, streaming bills all start to go up 10%, 20% now that telecoms and cable companies can double dip and charge you for 100 mpbs down, then charge Netflix more to provide you with 100 mbps down. And if they don’t pay up, you’ll start to see “buffering” even though you are paying for 100 mpbs down, and that’s the product you should be provided with. It’s not up to Netflix to make sure Comcast provides you with the product you pay for.

      • chad November 21, 2017 at 9:52 pm #

        I thought CordCutters News would cover this. I guess not. Oh well. I’ll just look at the TV shows leaving Roku instead…at least while they don’t have to pay for higher tier service and the page doesn’t take an hour to load.

  3. Vegas Steve November 21, 2017 at 6:35 pm #

    Two crap companies trying to merge. Oh, I’m ‘sure’ the consumer would benefit from that.

  4. The Shadow November 21, 2017 at 7:38 pm #

    Trump’s FCC, with Trump’s approval, had allowed Sinclair Broadcast to buy numerous TV & Radio stations. All are required to air Sinclair’s packaged right-wing conservative commentaries. Trump doesn’t like CNN – owned by Time-Warner – you figure out the rest.

  5. The Shadow November 21, 2017 at 7:39 pm #

    Not sure which is the bigger shister or crook – Trump or AT&T.

  6. Barbara R November 22, 2017 at 11:12 pm #

    Don’t panic. Let’s wait and see what happens. The ISPs aren’t going to want to shoot themselves in the foot. It is still a competitive market.

  7. rtgonzo November 25, 2017 at 10:32 am #

    Now, if only they would retroactively disallow/undo the ComCrap-NBC merger. ‘Cause, ya know, content providers shouldn’t own distribution systems, Oh right, sorry, forgot who’s zoomin’ whom here.