DOJ Clears Paramount-WBD Deal, Sparks Global Antitrust Scrutiny

The U.S. Department of Justice approved Paramount’s roughly $110 billion acquisition of Warner Bros. Discovery, describing the merger as pro-competitive with no major concessions reported. Paramount says the deal will strengthen competition and consumer choice, but state attorneys general and regulators abroad—UK’s CMA, the European Union, and ongoing foreign investment reviews—are still weighing antitrust concerns, signaling continued regulatory scrutiny despite federal clearance.