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Photographer: Patrick T. Fallon/Bloomberg
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Time Warner Attacks U.S. Data Underpinning AT&T Merger Suit

  • MIT professor testifies about estimate of subscriber losses
  • Expert used survey, not real-world data, Time Warner says

Time Warner Inc.’s attorneys launched a withering attack on the U.S. government’s evidence that its proposed sale to AT&T Inc. could trigger large subscriber losses for pay-TV rivals and lead to an abuse of leverage in programming deals.

On the fifth day of the Justice Department’s antitrust trial to stop the deal, Time Warner said the U.S.’s expert estimates were disconnected from real-world data, and even got a government witness from Comcast Corp. to back the companies’ argument on cross-examination.