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AT&T calls on more expert witnesses to undermine DOJ's antitrust lawsuit

CNN
AT&T calls on more expert witnesses to undermine DOJ's antitrust lawsuit

AT&T introduced two more expert witnesses on Monday, as lawyers for the defense continued to question the credibility of the government's experts in the lawsuit to stop the telecom company's bid to take over Time Warner. Professor Michael Katz of the University of California, Berkeley, a former Federal Communications Commission and Justice Department official, testified that Time Warner's arbitration offer to distributors will hold down price increases. The arbitration offer was presented to 1,000 cable distributors after the government filed its lawsuit last year and guarantees distributors no blackouts and baseball-style arbitration for seven years in the event a distributor believes Turner, a Time Warner subsidiary, is charging too much for its content.