Paramount Skydance merger with Warner Bros. Discovery won't harm competition, consumers, DOJ says
An investigation by the U.S. Justice Department into Paramount Skydance's proposed acquisition of Warner Bros. Discovery has determined that the mammoth Hollywood media merger is not likely to harm competition in the industry or be harmful for consumers.
TL;DR
- The U.S. Justice Department investigated Paramount Skydance's proposed acquisition of Warner Bros. Discovery.
- The investigation concluded that the merger is unlikely to harm competition in the media industry.
- The Justice Department also determined that the merger would not be harmful to consumers.