State AGs finalizing antitrust lawsuit over Paramount–Warner Bros. Discovery merger
Google News
State attorneys general are finalizing an antitrust lawsuit to block Paramount's acquisition of Warner Bros. Discovery.Summary
Lawyers for several states are finalizing an antitrust lawsuit challenging Paramount’s pending acquisition of Warner Bros. Discovery, with a likely filing next week that could disrupt the company’s plan to complete the deal this summer; although the Justice Department cleared the merger, state attorneys general can bring their own claims, and critics argue the deal would harm competition across entertainment and news, a claim Paramount denies, while noting related regulatory scrutiny in the UK and ongoing investigations by California AG Rob Bonta and Oregon AG Dan Rayfield, who sought a subpoena enforcement hearing delayed until Monday, and referencing a prior state-led stall of Nexstar’s Tegna acquisition.
(Source：Google News)