Friday, July 17, 2026
Home / Business / ‘Laws were broken’: multistate effort to stop Para...
Business

‘Laws were broken’: multistate effort to stop Paramount’s $111bn merger heads to court

CN
CitrixNews Staff
·
‘Laws were broken’: multistate effort to stop Paramount’s $111bn merger heads to court

Attorneys general from 12 states are suing to block the Paramount-Warner Bros deal they say violates antitrust law

A last-ditch effort to block the merger between Paramount Skydance and Warner Bros Discovery (WBD) is heading to court as 12 Democratic state attorneys general attempt to stop the $111bn deal they say violates antitrust law and reduces competition in both the film and cable television industries.

The lawsuit, which was filed on Monday, faces a crucial hearing on Friday to determine if a judge will temporarily pause the deal or allow it to continue toward approval. The merger was already approved by the Department of Justice in June.

Continue reading...

Originally reported by The Guardian. Read the full story at the original source.