DALLAS, Nov. 20, 2017 /PRNewswire/ -- The following
is attributed to David R. McAtee II,
Senior Executive Vice President and General Counsel, AT&T
Inc.:
"Today's DOJ lawsuit is a radical and inexplicable departure
from decades of antitrust precedent. Vertical mergers like
this one are routinely approved because they benefit consumers
without removing any competitor from the market. We see no
legitimate reason for our merger to be treated
differently.
"Our merger combines Time Warner's content and talent with
AT&T's TV, wireless and broadband distribution platforms.
The result will help make television more affordable, innovative,
interactive and mobile. Fortunately, the Department of
Justice doesn't have the final say in this matter. Rather, it
bears the burden of proving to the U.S. District Court that the
transaction violates the law. We are confident that the Court
will reject the Government's claims and permit this merger under
longstanding legal precedent."
*About AT&T
AT&T Inc. (NYSE:T) is a holding
company. AT&T products and services are provided or offered by
subsidiaries and affiliates of AT&T Inc. under the AT&T
brand and not by AT&T Inc. Additional information about
AT&T Inc. is available at about.att.com.
© 2017 AT&T Intellectual Property. All rights reserved.
AT&T, the Globe logo and other marks are trademarks and service
marks of AT&T Intellectual Property and/or AT&T affiliated
companies. All other marks contained herein are the property of
their respective owners.
For more information,
contact:
Brad Burns
brad.burns@att.com
(214) 757-7520
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SOURCE AT&T