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Variety
@Variety
The business of entertainment.
Joined November 2008
204.2K Following    3.7M Followers
A coalition of 12 states filed an antitrust lawsuit to block the Paramount Skydance and Warner Bros. merger, despite the Department of Justice approving the deal last month. The coalition, led by California Attorney General Rob Bonta, alleges that the $111 billion transaction violates the Clayton Act by lessening competition in three distinct markets: wide-release theatrical distribution, “top-grossing” theatrical distribution, and basic cable licensing.
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