AT&T counsel Dan Petrocelli: Time Warner deal poses no threat to consumers in today's competitive market

AT&T outside counsel Dan Petrocelli told CNBC on Tuesday there's no credible evidence that the telecom giant's proposed $85.4 billion acquisition of media powerhouse Time Warner poses any threat to competition or consumers in the "vibrant" and "competitive" landscape of television and video distribution and content. In a pre-emptive move last week, AT&T...