AG Bonta Files Lawsuit to Block Warner Bros. and Paramount Merger
California AG Bonta is leading a multistate coalition of 12 AGs in filing a lawsuit challenging the $110 billion acquisition of Warner Bros. Discovery, Inc. (Warner Bros.) by Paramount Skydance Corporation (Paramount). The lawsuit alleges that the merger violates Section 7 of the Clayton Act, which holds that mergers that may substantially lessen competition or…


