AT&T-Time Warner precedent looms over Paramount-WBD antitrust fight
As state attorneys general sue to block Paramount’s $110 billion acquisition of Warner Bros. Discovery, lawyers and analysts point to the 2018 AT&T-Time Warner trial, where a judge rejected the government’s antitrust case and the merger closed.
Why it matters. Paramount faces a harder path than AT&T did since the states’ case is horizontal rather than vertical, and prolonged litigation risks eroding the deal’s value the way delay did for AT&T.
Signal from deadline.com · Ted Johnson · read the original.
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