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12 U.S. States File Antitrust Lawsuit to Block Paramount's Warner Bros. Discovery Acquisition on July 13

2026-07-14 10:21:46

WBD1.70%

On July 13, 12 U.S. states, led by California, filed an antitrust lawsuit to block Paramount's acquisition of Warner Bros. Discovery. According to the state governments, the deal would reduce competition in the film and television market, potentially driving up consumer prices and negatively affecting movie theaters, TV distributors, consumers, and workers.

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