Crime & Law · World
Paramount in Talks to Settle Antitrust Litigation
Paramount Global is reportedly in discussions to resolve an antitrust lawsuit filed by California Attorney General Rob Bonta. The lawsuit, filed in Los Angeles Superior Court, sought to block Paramount's proposed merger with a company that would acquire Warner Bros. Discovery (WBD). The settlement talks aim to address the concerns raised by the state regarding the potential impact of the merger on competition. Details of the proposed settlement have not been disclosed.
How outlets across the spectrum covered it
L 0 C 2 R 0
- Centre (2): Financial Times, Politico