Variety ·entertainment ·2 hours ago

DOJ clears $111 billion Paramount-Warner Bros. merger amid internal opposition

Top DOJ officials cleared the $111 billion Paramount-Warner Bros. merger Friday before staff lawyers could recommend an antitrust lawsuit. Senator Elizabeth Warren criticized the decision, stating it 'reeks of corruption.' The DOJ concluded the merger would not harm competition, despite internal opposition from career attorneys who had conducted the investigation.

Summary by OZbrief · Variety

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