All articles tagged with #antitrust review
The quick clearance of Compass's $1.6 billion acquisition of Anywhere Real Estate was achieved by bypassing a deeper antitrust review, with Compass appealing directly to senior DOJ officials and avoiding a thorough investigation despite concerns and potential violations, leading to an expedited approval process.
Senators Elizabeth Warren and Richard Blumenthal have called for Attorney General Pam Bondi to recuse herself from the antitrust review of Warner Bros. Discovery's deal with Netflix, citing potential conflicts of interest due to her previous employer's connections with both Netflix and Paramount. The review, which is politically sensitive, could significantly impact media ownership and is under scrutiny amid allegations of political favoritism and concerns over media consolidation. The outcome will influence the future of Warner Bros. Discovery's assets and the credibility of the review process.