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…
North Carolina Attorney General Jeff Jackson announced that a federal judge has granted an emergency motion freezing what he described as the largest television merger in U.S. history, setting up a major legal battle over media consolidation and antitrust law. “Merger frozen,” Jackson said in a social media video after describing the court decision as…