importantSYS.SOURCE: TechCrunch• 2026-07-13T17:00:14Z
12 States Challenge $110B Paramount-Warner Bros. Merger Over Antitrust Concerns
12 U.S. states are challenging Paramount's $110B acquisition of Warner Bros. Discovery, alleging antitrust violations by reducing competition in film distribution and cable licensing. The Department of Justice has previously approved the deal, citing no harm to competition or consumers.
The states allege that the deal would harm movie theaters, basic cable distributors, and audiences.
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