DOJ’s AT&T appeal may be undercut by a trial concession

The government’s chances of successfully appealing the AT&T/Time Warner ruling are complicated by an apparent concession on efficiencies during the trial. William S Comanor – previously special economic assistant to the assistant attorney general for antitrust and director of the Federal Trade Commission’s bureau of economics – and Donald I Baker – former head of the DOJ’s antitrust division – explain.