Join Us Friday, February 27

The Democratic senator opposed last year’s Paramount-Skydance merger and has scrutinized the latest company deal.

In a statement, Warren raised questions about the White House’s alignment with Paramount Skydance.

Trump said earlier this month that he was staying out of the battle for WBD — and that both bidders had called him. He said the deal would go to the Department of Justice.

“A Paramount Skydance-Warner Bros. merger is an antitrust disaster threatening higher prices and fewer choices for American families,” Warren said.

She added, “A handful of Trump-aligned billionaires are trying to seize control of what you watch and charge you whatever price they want.”

The lawmaker said, “It’ll be up to the American people to speak up and state attorneys general to enforce the law.”

On Thursday, California’s attorney general, Rob Bonta, said in a statement that the transaction was “not a done deal.”

“The California Department of Justice has an open investigation, and we intend to be vigorous in our review,” he said.



Read the full article here

Share.
Leave A Reply

Exit mobile version