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Ellison has threatened to move Paramount out of California absent a settlement, while California AG Bonta calls that “blackmail” and insists only structural remedies, not behavioral promises, will resolve the antitrust suit.
Ellison is dangling a relocation out of California to pressure AG Bonta into settling the antitrust suit blocking Paramount-Warner, with an October 1 deadline. Critics call it an obvious bluff that could embolden regulators rather than scare them off.