Senators signal steep antitrust climb for $83B Netflix–Warner Bros. deal
A U.S. Senate Judiciary subcommittee hearing on the proposed $83 billion merger between Netflix and Warner Bros. Discovery exposed bipartisan skepticism Tuesday, with senators from both parties questioning the deal’s competitive impact, labor consequences, and political context — and not one of them offering unqualified support for the transaction. “One might say that Netflix seeks to become the one platform to rule them all,” said U.S. Sen. Mike Lee (R-UT), chairman of the U.S. Senat...
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