Wall Street Journal

AT&T and Time Warner said an explosion of online programming has spawned a “golden age for television—and for consumers,” in its first court filing countering government claims that their planned merger would stymie competition and hurt customers. AT&T, in a formal written answer to the lawsuit, said the video marketplace is changing quickly and is “intensely competitive,” and that nothing about the Time Warner deal would harm that. AT&T said online rivals like Netflix and Amazon were spending billions of dollars on developing and streaming video content, and that leading tech c

[Commentary] No one should be surprised by the Justice Department’s attempt to block AT&T’s $85 billion bid to acquire Time Warner.

Over just two days this week, the Trump administration has both sued AT&T to block its planned takeover of Time Warner and proposed allowing internet-service providers—like AT&T—to form closer alliances with content companies, like Time Warner. The two government moves seem to go in opposite directions, on the one hand restricting a major telecommunications merger and on the other giving internet providers broad new powers to shape their customers’ online experiences.