12 US states sue to block Paramount-Warner Bros merger under antitrust claims

12 US state attorneys general filed a federal lawsuit to block Paramount's $110 billion acquisition of Warner Bros., arguing the merger would combine two of Hollywood's five major studios and eliminate competition in film, television, and cable distribution. The states seek to invoke Section 7 of the Clayton Act, which prohibits mergers that may substantially lessen competition.

This Wire brief sits within Fusion42's coverage of Streaming & Media.