US judge sets March trial for AT&T-Time Warner merger case

US judge sets March trial for AT&T-Time Warner merger case

The AT&T logo is pictured during the Forbes Forum 2017 in Mexico City, Mexico, September 18, 2017. REUTERS/Edgard Garrido
WASHINGTON: The judge who will oversee the U.S. Justice Department's bid to stop wireless and pay TV company AT&T Corp from buying media company Time Warner Inc , on Thursday set March 19 as the trial date.Judge Richard Leon at the U.S. District Court for the District of Columbia set the date in a pre-trial hearing. AT&T asked the court to hear the case beginning Feb. 20. The government was pressing for May 7.AT&T and Time Warner announced their US$85 billion deal in October 2016, and the Justice Department sued last month to block the it, arguing that the transaction could raise prices for rivals and pay-TV subscribers and hamper the development of online video.(Reporting by Diane Bartz, editing by G Crosse)
Source: Reuters
 Source : http://www.channelnewsasia.com/news/business/us-judge-sets-march-trial-for-at-t-time-warner-merger-case-9479696