U.S. Senate panel to hold listening to on AT&T-Time Warner deal on December 7

WASHINGTON The U.S. Senate Judiciary Committee's antitrust subcommittee will preserve a listening to on Dec. 7 at the proposed merger of Time Warner Inc (TWX.N) and AT&T Inc (T.N), and the businesses' chief executives will testify, the committee said in a statement.

"The hearing will look at the impact of the proposed transaction on purchasers, inclusive of the implications for opposition and innovation inside the introduction and distribution of video content," the declaration stated.