DOJ approval of Paramount/Warner Bros. $111B merger surprises agency lawyers, report finds
By
Jon Brodkin
Summary
The article reports on the Trump administration's approval of a $111 billion merger between Paramount and Warner Bros., a decision that reportedly surprised DOJ lawyers. Acting Assistant Attorney General Omeed Assefi denied that political factors influenced the approval, while critics like Senator Elizabeth Warren allege corruption. The DOJ claims the merger will boost competition in the streaming video market by offering consumers a stronger alternative to larger platforms.
Source
bskyDOJ approval of Paramount/Warner Bros. $111B merger surprises agency lawyers, report findsarstechnica.comKey quotes
· 3 pulledThe idea that somehow enforcement has been politicized is ludicrous.
By offering consumers a more robust competitive alternative
Trump admin green-lighting $111B deal 'reeks of corruption,' Sen. Warren says.
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