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Justice Department Explains Why It Cleared Paramount-Warner Bros. Deal: “Not Likely To Result In Harm To Competition Or American Consumers”

By Ted Johnson

The Justice Department said that it concluded that Paramount’s proposed acquisition of Warner Bros. Discovery was “not likely to result in harm to competition or American consumers,” citing their review of the streaming, linear television and theatrical release marketplaces. In a statement, the DOJ noted the multiple transaction in which Warner Bros. has been an […]