12 states sue Paramount over Warner takeover, say merger would 'extinguish competition'

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12 states sue Paramount over Warner takeover, say merger would 'extinguish competition'

Twelve states, including California and New York, sued to block Paramount?s takeover of Warner Bros. Discovery on Monday, arguing that the $81-billion US merger would "extinguish competition" in Hollywood and lead to fewer choices for consumers across the U.S.

Source: 12 states sue Paramount over Warner takeover, say merger would 'extinguish competition'