Warner Bros. Discovery
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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…
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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…
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The U.S. Department of Justice has approved Paramount Skydance’s proposed acquisition of Warner Bros. Discovery, a landmark $111 billion transaction that would create one of the largest media conglomerates in American history. The decision removes a major federal regulatory hurdle but is unlikely to end the legal and political battles surrounding the deal. The merger…
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