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AT&T economist argues Time Warner merger is good for consumers

Reuters  |  WASHINGTON 

By Diane BartzWASHINGTON (Reuters) - AT&T's proposed merger with Time Warner Inc would save consumers money because the marriage of a pay-TV provider with a movie and TV giant would create a more efficient company, an economist testifying for AT&T said in court on ThursdayDennis Carlton, from the University of Chicago, sought to rebut testimony on Wednesday from an economist for the government, Carl Shapiro of the University of California at Berkeley, who said the $84.5 billion deal would cost American consumers some $286 annually in higher prices. The government filed a lawsuit in November ...

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First Published: Fri, April 13 2018. 08:43 IST
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