WIRE — Twelve states have sued to block Paramount's takeover of Warner Bros. Discovery, CNN's parent, kicking off a high-stakes antitrust battle that could impede the media mega-merger. California Attorney General Rob Bonta said the antitrust lawsuit, filed Monday in the Northern District of California, is necessary because "this merger would snuff out competition, drive up prices, [...] The post States sue to block Paramount's Warner Bros. Discovery takeover appeared first on Kahawatungu.
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