U.S. government, AT&T say
pre-trial preparation progressing
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[January 16, 2018]
By Diane Bartz
WASHINGTON (Reuters) -
Lawyers for the Justice Department and AT&T Inc <T.N>
said on Friday that preparations have been smooth for a
trial to decide if the wireless and pay TV giant may buy
movie and TV show maker Time Warner Inc <TWX.N>. |
Chief Executive Officer of AT&T Randall Stephenson (L)
walks off the stage with David McAtee (C), SEVP and
General Counsel for AT&T, and Daniel Petrocelli (R),
counsel from O'Melveny & Myers LLP., after a press
conference in New York City, New York, U.S. November 20,
2017. REUTERS/Shannon Stapleton/File Photo |
"Things have been moving as they ought to," said Justice
Department lawyer Craig Conrath in a pre-trial status
conference.
The Justice Department sued in November to stop AT&T, the No. 2
U.S. wireless company, from buying Time Warner for $85 billion
because of concerns that it could raise prices for rivals and
pay-TV subscribers and hamper the development of online video.
Conrath said that the government had held depositions on
Thursday and Friday.
Daniel Petrocelli, who represents DirecTV owner AT&T as well as
Time Warner, said that the Justice Department planned 41
depositions.
Petrocelli said that the government had put 35 potential
witnesses on a preliminary list while AT&T had 22. Neither man
identified the witnesses or people being questioned in
depositions.
The next status hearing was set for Jan. 19.
Judge Richard Leon of the U.S. District Court for the District
of Columbia will oversee a trial that begins on March 19 and run
about 15 days. The companies recently extended the termination
date for the deal to June 21.
The fate of the deal has been widely followed because U.S.
President Donald Trump criticized it on the campaign trail in
2016 and has repeatedly attacked the reporting of Time Warner's
CNN news network.
Trump recently renewed his opposition to the deal. "I think your
pricing's going to go up. I don't think it's a good deal for the
country," he said in November.
(Reporting by Diane Bartz; Editing by Cynthia Osterman)
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