4 things to know about AT&T, Time Warner antitrust case ahead of opening arguments

Opening arguments for AT&T's proposed $85 billion acquisition of Time Warner begin March 21, Reuters reports.

Here are four things to know about the case.

1. In November 2017, the Justice Department filed a lawsuit to halt AT&T, the parent company of DirecTV, from buying Time Warner, the umbrella firm of HBO and CNN. 

2. Judge Richard Leon in Washington is overseeing the case, which could dictate the future of U.S. media transactions, according to Reuters.

3. On March 19, an AT&T lawyer, Daniel Petrocelli, argued Mr. Leon should toss evidence the government intends to use in its case. Specifically, Mr. Petrocelli claimed the government should throw out the evidence due to irrelevance and the source of the information.

4. AT&T also refused the Justice Department's settlement offers. The offers included the proposal for AT&T to divest its DirecTV arm or Time Warner's Turner Broadcasting division, according to Reuters.

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