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States Block Paramount-Warner Merger | US News
Twelve state attorneys general, led by California, are launching a major legal challenge to block the Paramount-Warner Bros. Discovery merger, warning it could crush competition, drive up prices, and shrink content choices for consumers. The combined company would control nearly one-third of U.S. film production and basic cable programming — a market dominance the states say threatens innovation and variety. They’ve demanded the companies pause the deal until the legal fight is resolved, threatening court intervention if ignored. While the Justice Department cleared the merger earlier this…
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