AT&T-DOJ Closing Arguments Cheat Sheet for Monday [telecom]

Apr 29, 2018 0 Replies
AT&T-DOJ Closing Arguments Cheat Sheet for Monday [telecom] open original image

Six weeks in Judge Richard Leon's courtroom flew by, and closing arguments in the DOJ suit to block AT&T's purchase of Time Warner start Monday. If you haven't been following along, here's what you need to know for Monday's big event.



by Chris Nolter



After weeks of testimony in a landmark antitrust case, AT&T, Time Warner and the Department of Justice have one last chance to sway Judge Richard Leon when they present closing arguments on Monday.



Justice argues that AT&T will use Time Warner's content to harm rivals to its DirecTV satellite television service. The government says the telecom will use the threat of blackouts to coerce companies such as Dish Network Corp. (DISH) or Charter Communications (CHTR - Get Report) to pay higher rates, which will force cable bills to rise $571 million in 2021.



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