Four US States to disrupt Oracle founder’s plan to create Hollywood colossus
Four American states are preparing to challenge the proposed acquisition of Warner Bros. Discovery by Paramount. California is leading this effort, with New York, Washington
Four American states are preparing to challenge the proposed acquisition of Warner Bros. Discovery by Paramount. California is leading this effort, with New York, Washington, and Connecticut expected to join. The lawsuit argues the merger would reduce competition in the blockbuster film market. Paramount stated it is prepared to address legitimate antitrust issues and defend the transaction.
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