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The Independentindependent.co.uk

Paramount Skydance merger with Warner Bros. Discovery won't harm competition, consumers, DOJ says (opens original article in a new tab)

TL;DR

The U.S. Justice Department has cleared Paramount Skydance's $81 billion merger with Warner Bros. Discovery, stating it will not harm competition or consumers, though other regulators are still reviewing the deal.

  • U.S. Justice Department concluded that Paramount Skydance's merger with Warner Bros. Discovery is not likely to harm competition or consumers.
  • Regulators found the merger would increase competition in media and entertainment, offering benefits to consumers and workers.
  • The merger is still under review by other U.S. and international regulators, including California and the European Commission.

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