AT&T touts Time Warner merger at Senate hearing
"By owning Time Warner content, we will be able to innovate more quickly, experiment more readily, tweak our offerings as we gauge customer response and bring consumers the options they seek," Stephenson said at a Senate hearing. The Justice Department will determine whether the deal is legal under antitrust law. Senator Amy Klobuchar, the ranking Democrat on the Judiciary Committee's antitrust panel, expressed concern that the deal would create incentives for AT&T to refuse to license Time
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