FCC Chief Flags Competition Concerns Over Netflix-Warner Deal, But No Review Power
TL;DR Summary
FCC Chairman Brendan Carr says Netflix’s proposed $83 billion acquisition of Warner Bros. studios and HBO Max raises legitimate competition concerns, but the FCC has no authority to review the deal; antitrust scrutiny lies with the DOJ and FTC, with regulators weighing the Netflix-WB transaction alongside rival bids like Paramount Skydance and the companies’ Hart-Scott-Rodino filings.
- FCC Chairman Says There Are ‘Legitimate Competition Concerns’ With Netflix’s Warner Bros. Deal — but His Agency Has No Authority to Review It Variety
- The battle for Warner Bros is only getting fiercer The Economist
- Paramount is betting European regulators won't approve WBD-Netflix. Here's how it could play out CNBC
- What to know about Netflix’s landmark acquisition of Warner Bros. Yahoo Finance
- Paramount Extends Tender Offer for Warner Bros. Shares Bloomberg.com
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