States prepare antitrust suit to block Paramount acquisition of Warner Bros. Discovery
State attorneys general are finalizing a multistate antitrust lawsuit to challenge Paramount’s pending acquisition of Warner Bros. Discovery, sources told CNN, and they expect to file next week though the date could change. The action could disrupt Paramount’s plan to take control of WBD later this summer despite the Justice Department’s clearance last month. Oregon is enforcing a subpoena and seeks a court order for a 60-day pause; Paramount told a court it will not complete the merger before July 22. The dispute adds U.K. scrutiny and highlights broader competition and regulatory risks for global media consolidation.
State attorneys general may sue and delay Paramount's WBD merger.
Context
The justice department cleared the deal last month. State attorneys general have been investigating for months. If the states sue, the merger could be delayed or stopped.
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