Commentary: How a Paramount-Warner Bros. Discovery merger could test the new world of antitrust
Amid speculation that Warner Bros. Discovery and Paramount will pursue a merger, it’s worth asking — would the antitrust agencies try to block the deal? That question poses an interesting test for the new Joint Merger Guidelines released by the Federal Trade Commission and Justice Department last month.
The guidelines represent the most important articulation of American antitrust policy, and they come at a time of public recognition that antitrust law has failed to stop relentless concentration of economic power in just a few firms. One of the biggest
