US States Are Trying to Stop Paramount Skydance From Owning Mortal Kombat (And Everything Else)
US States Are Trying to Stop Paramount Skydance From Owning Mortal Kombat (And Everything Else) https://ift.tt/K8Nv0iM Paramount Skydance's plan to take over Warner Bros. Discovery is facing a new hurdle, as several states are suing the company to prevent the proposed $111 billion acquisition. In total, 12 state attorneys have formed a coalition to stop the merger, citing that it'll be a violation of the a violation of the Clayton Act antitrust law that was designed to block monopolies from forming. "There is no debate here: This merger will snuff out competition, drive up prices, diminish content quality, and produce fewer movies and shows each year," California Attorney General Rob Bonta said (via THR ). Alongside California, the lawsuit also includes state attorneys from Arizona, Colorado, Connecticut, Massachusetts, Minnesota, Nevada, New Jersey, New Mexico, New York, Oregon, and Washington. In response, Paramount Skydance claims that the lawsuit represe...

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