AT&T/TW: Merger ‘pro-consumer’

AT&T and Time Warner have submitted a joint court filing arguing that their proposed $85.4 billion (€78.5bn) merger is “pro-competitive” and “pro-consumer”, seeking to refute claims by the US Department of Justice (DoJ) that the deal breaks antitrust law and would substantially lessen competition, resulting in higher prices and less innovation for millions of Americans. They also argued that the government was wrong to worry that the deal would hamper the development of online video.

Source: AT&T/TW: Merger ‘pro-consumer’