Antitrust actions & laws

Subscribers Sue to Block Paramount-Warner Bros. Merger

Does this merger threaten national security and deceive shareholders or is it the competition consumers desperately need?

Published 1 day ago

Subscribers Sue to Block Paramount-Warner Bros. Merger

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Above: The Warner Bros. Pictures logo is shown on a smartphone in China on April 24. Image credit: CFOTO/Future Publishing/Getty Images

The Spin

Establishment-critical narrative

This acquisition is dubious on legal and political grounds, and the so-called free market is certainly not at play here. Evercore and Allen & Co. had undisclosed ties, hidden until a last-minute lawsuit, which, in and of itself, undercuts the process.

The American Prospect

The Drey Dossier on Substack

Pro-establishment narrative

Netflix's exit from the bidding war in the face of Paramount's more desirable bid proves the market is already self-correcting, and no government intervention is needed. A combined Paramount-Warner entity creates a real challenger to Netflix's dominance, which has raised prices 125% since 2014 while facing zero credible competition.

The Washington Examiner The Wall Street Journal