Paramounts furious statement against California,…
Paramount has vowed to struggle California’s lawsuit looking for to block its proposed $110-billion merger with Warner Bros. Discovery, arguing the deal would truly increase competitors.
“The lawsuit filed by the state attorneys general, in the most generous light, reflects a fundamentally flawed application of the antitrust laws and is wrong on both the facts and the law.”
“We will vigorously defend the transaction and demonstrate that this challenge is inconsistent with sound competition policy and the competitive realities of the media marketplace,” a spokesman…
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