Disney, Fox Lose Bid to Keep Business Secrets Out of AT&T Case

Walt Disney Co. and 21st Century Fox lost their bid to keep sensitive business documents out of the antitrust case pitting AT&T against the U.S. Justice Department. U.S. District Judge Richard Leon said he'd deny Disney's motion, filed on the eve of Thursday's court hearing, asking to limit its disclosures as the government works to block AT&T's $85.4 billion purchase of Time Warner Inc. The Justice Department also said it plans to depose 40 to 50 witnesses, while AT&T said it likely would interview 20 or fewer. The trial is set to start March 19, and Leon thanked both sides for having few disagreements since the lawsuit was filed a month ago. Another hearing is set for Jan. 5. Continue reading at AdAge.com

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