President Trump says the deal struck by Netflix to buy Warner Brothers Discovery “could be a problem.” The president said the 72 billion dollar deal could be an antitrust problem because of the size of the combined market share. If approved by regulators, the merger would put two of the world’s biggest streaming services under […]
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Trump says Netflix deal to buy WB Discovery “could be a problem”
President Trump says the deal struck by Netflix to buy Warner Brothers Discovery “could be a problem.”
The president said the 72 billion dollar deal could be an antitrust problem because of the size of the combined market share. If approved by regulators, the merger would put two of the world’s biggest streaming services under the same ownership. Donald Trump said he’ll be “involved” in the federal government’s decision on the Netflix deal. That’s noteworthy because Paramount’s owners, who have strong ties to the president, are still pursuing a bid for Warner Brothers.