BBC News·3 min read·medium
Paramount and Warner Bros sued to block $110bn mega merger
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✦AI Summary
A coalition of US states led by California has filed a lawsuit to block the $110 billion merger between Warner Bros. and Paramount. The states argue the deal would stifle competition, raise consumer prices, and consolidate too much power within the entertainment industry.
Image source, Getty Images Image caption, Warner Bros is headquartered in Burbank, California.
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