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What’s happening with Paramount and Warner Bros. Discovery? An explainer
['Daniel Kaplan', 'About Daniel Kaplan']
Awful Announcing
Then, Paramount agreed to hold off on the merger until June 1, 2027, or earlier if it wins the AGs case.
So even by the standards of merger antitrust trials, November is incredibly rushed.
A typical antitrust case may stretch out over years as the arduous task of discovery can consume many months and longer.
Putting Paramount and WBD together just enables the two to compete with the digital giants like Amazon and Alphabet (Google).
One of the first steps in an antitrust case is to define the market the defendant supposedly violates.