Judge pauses Paramount takeover of Warner Bros Discovery
A TRO prevents a potential antitrust violation that would affect many of us, at least for now. open.substack.com/pub/joycevan...
Thanks for posting Joyce! This merger would have crucial implications for many of us. We need this permanently stopped! 😞
Thank goodness someone is trying to stop this evil monopoly
If Ellison uses the federal approval of the merger as evidence why it should take place, would the plaintiffs be able to subpeona the records of the DoJ concerning the approval process, to show that the process was corrrupted?
One can only imagine where our country would be without these lower court judges who have followed the law & put speed bumps in the path of Project 2025. Their efforts are much more vital given that SCOTUS so often finds in favor of Project 2025 aims rather than the law.
As far as I can tell, Paramount’s argument is that their merger increases competition because they need to be bigger to compete against all the other competitors who have already been allowed to engage in mergers. Sounds like Albertson’s argument for buying Kroger — the one that failed.
www.commondreams.org/news/paramou... “History tells the tale of what happens when a few people have great power over markets that are central to Americans’ lives: fewer opportunities for more people, worse products and services for all people,” said California Attorney General Rob Bonta.
Right? In the land of free competitive enterprise in NYC I had to choose from one internet provider. No alternatives. I paid about 6 times more than in Europe for the same volume and speed at that time.
Ma Bell was broken up in 1984 because AT&T’s monopoly was stifling competition. The split into seven Baby Bells opened the market, cut long‑distance costs, and fueled innovation in mobile and internet tech. Ending one giant’s control jump‑started a modern telecom revolution.
TG for the upstanding lawyers. Two words I've said together more times than I thought I would in my lifetime.