A PYMNTS Company

US: DOJ vs. AT&T-TW: battle lines drawn

 |  March 19, 2018

The US antitrust trial against AT&T’s proposed takeover of Time Warner opened with clashes over whether the Justice Department should be allowed to introduce internal company documents that it claims contain “startling” admissions, reported Bloomberg.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    US District Judge Richard Leon is weighing arguments from the department’s antitrust division and AT&T about the standards for allowing the documents as evidence in the trial, which began Monday in federal court in Washington.

    The dispute could be key to the government’s argument that the Time Warner takeover should be blocked on antitrust grounds. In merger lawsuits, antitrust officials often rely on emails or internal memos, known as “hot docs,” in which employees make damaging statements that support the government’s case that a deal is a threat to competition.

    Justice Department attorney Eric Welsh told Leon on Monday that the emails in question contain “startling” admissions by employees and that it was up to the companies to “explain away” what is said in them.

    Full Content: Bloomberg

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.