US facing off against AT&T to block merger with Time Warner

March 22, 2018
US facing off against AT&T to block merger with Time Warner
In this Oct. 24, 2016, file photo, the AT&T logo is positioned above one of its retail stores in New York. Opening arguments in the federal government's case to block AT&T's efforts to gobble up Time Warner have been postponed until Thursday, March 22, 2018. (AP Photo/Mark Lennihan, File)

The Trump administration is facing off against AT&T to block the telephone giant from absorbing Time Warner, in a case that could shape how consumers get—and how much they pay for—streaming TV and movies.

Opening arguments come Thursday in the landmark antitrust case in in Washington. The Justice Department has sued to block the $85 billion deal, saying it would hurt competition and consumers would have to pay more to watch their favorite shows, whether on a TV screen, smartphone or tablet.

AT&T insists the merger is needed to compete in a rapidly shifting marketplace as more people use streaming services like Netflix, Amazon and others. It denies the government's assertion that the merger would limit choice and push up prices.

Explore further: Opening arguments in AT&T antitrust trial postponed

Related Stories

Recommended for you

Permanent, wireless self-charging system using NIR band

October 8, 2018

As wearable devices are emerging, there are numerous studies on wireless charging systems. Here, a KAIST research team has developed a permanent, wireless self-charging platform for low-power wearable electronics by converting ...

Facebook launches AI video-calling device 'Portal'

October 8, 2018

Facebook on Monday launched a range of AI-powered video-calling devices, a strategic revolution for the social network giant which is aiming for a slice of the smart speaker market that is currently dominated by Amazon and ...

Artificial enzymes convert solar energy into hydrogen gas

October 4, 2018

In a new scientific article, researchers at Uppsala University describe how, using a completely new method, they have synthesised an artificial enzyme that functions in the metabolism of living cells. These enzymes can utilize ...

0 comments

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.