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Antitrust Lawsuit Targets Paramount-Warner Bros Discovery Deal, Echoing AT&T-Time Warner

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In 2026, state attorneys general sued to block Paramount’s $110 billion acquisition of Warner Bros Discovery on antitrust grounds, prompting comparisons to the earlier government challenge to the $85 billion AT&T–Time Warner merger. The cases differ, since AT&T’s vertical structure was harder to prove as anticompetitive, while the Paramount deal is described as horizontal.

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