FCC chair questions legitimacy of multi-state Paramount-WBD challenge

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Source: New York Post
FCC chair questions legitimacy of multi-state Paramount-WBD challenge
Photo: New York Post
TL;DR Summary

FCC Chair Brendan Carr dismissed the California-led, 12-state antitrust challenge to Paramount Skydance’s $110 billion merger with Warner Bros. Discovery as “not a legitimate antitrust case,” questioning the theory centered on CNN and signaling the courts will decide; the states seek a temporary restraining order to block closing, while potential delays could complicate financing, and separate shareholder lawsuits and relocation pressures add to the dispute.

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