Oregon attorney general challenges Paramount/Warner Bros. merger as state and EU regulators push back
Oregon's attorney general has launched a legal challenge against Paramount's proposed acquisition of Warner Bros., joining a group of state regulators scrutinizing the merger. While the U.S. Department of Justice has approved the deal, state attorneys general and international regulators—particularly the European Commission—are raising concerns. The deal faces a July 22 review by the European Commission, and the state-level legal action adds another layer of opposition to the merger between the two entertainment giants.
Key quotes
Regulators at both state and national levels have been giving Paramount's attempted purchase of its old rival Warner Bros. side-eye for months at this point.
Not the United States Department Of Justice, mind you; there, approvals floated along happy as a cloud.
the deal is currently gearing up for scrutiny from international regulators—specifically over in Europe, where it's currently facing a July 22 review by the European Commission of the EU
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