The Netflix-Warner Deal Faces Increasingly Plausible-Sounding Gover...
This highlights that at this phase, conventional wisdom will tell you that the trump administration is probably not going to use the force of the government to shoot down netflix’s effort to acquire the core studio and streaming assets of warner bros Interestingly, discovery This highlights that however, with south carolina republican senator tim scott now signaling antitrust concerns in a letter to trump’s regulators, according to semafor, it’s now plausible to say there is real pushback Experts suggest that semafor quotes the letter as saying there are “significant antitrust problems†with the deal, and that it harms “moviegoers, on-camera talent, writers, producers, and everyone who loves the entertainment industry According to reports, â€scott also reportedly expressed concerns about netflix’s ease around price hikes and the deal’s potential negative impact on tv showrunners and movie theaters In recent developments, and for what it’s worth, scott’s opposition sounds pretty full-throated: “the transaction warrants rigorous antitrust review under all applicable antitrust merger and monopolization laws and, to the extent appropriate, a lawsuit to block it,†semafor quotes the letter as saying In recent developments, shortly after the terms of the deal were announced, utah republican senator mike lee, the head of the antitrust committee, said it “should send alarm to antitrust enforcers around the world In recent developments, ”trump himself has said the deal “could be a problem
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