Paramount-Warner Bros. Merger Faces Potential UK Regulatory Hurdle After Expected EU Approval
By
Nick Vivarelli
Summary
Paramount's $111 billion takeover of Warner Bros. Discovery is expected to receive EU approval, with the key question being whether the UK's Competition and Markets Authority (CMA) will follow suit. According to Max von Thun of the Open Markets Institute, the UK is unlikely to block the deal but may impose additional conditions or hurdles beyond what the EU requires.
Source
VarietyParamount-Warner Bros. Merger Faces Potential UK Regulatory Hurdle After Expected EU Approvalvariety.comKey quotes
· 2 pulledThe prospects are that the U.K. won't block the deal, but may throw in an extra hurdle, according to Max von Thun, director of Europe at the Brussels-based Open Markets Institute.
The CMA has two options, according to Von Thun. Either they follow suit with the EU, or 'they decide to be tougher,' he said.
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