Coalition of 12 attorneys general argues proposed merger violates the Clayton Act by reducing competition across film, television, streaming, and cable markets. New York Attorney General Letitia James has spearheaded a multistate antitrust lawsuit seeking to block Paramount Skydance Corp.’s proposed $110 billion acquisition of Warner Bros. Discovery, arguing the transaction would unlawfully consolidate power…
Massachusetts Attorney General Andrea Joy Campbell has joined a coalition of 12 state attorneys general in filing a federal antitrust lawsuit challenging the proposed $110 billion acquisition of Warner Bros. Discovery Inc. by Paramount Skydance Corporation, arguing the transaction would substantially lessen competition in violation of Section 7 of the Clayton Act. The lawsuit, filed…
A coalition of eight state attorneys general has filed a federal antitrust lawsuit seeking to block the proposed $6.2 billion merger between Nexstar Media Group and Tegna Inc., arguing the transaction would substantially lessen competition in local television markets. The complaint, led by Letitia James and Rob Bonta, was filed in the U.S. District Court…