Twelve states sued to block Paramount's $110 billion Warner Bros. merger

California led the multistate antitrust challenge, alleging the deal would raise prices and reduce competition in film distribution and cable TV

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Twelve state attorneys general filed a lawsuit Monday seeking to block Paramount $PARA Skydance Corporation's $110 billion acquisition of Warner Bros. Discovery, alleging the deal would harm competition in film distribution and cable television and ultimately leave audiences paying higher prices for less content.

California Attorney General Rob Bonta led the coalition, which also includes Arizona, Colorado, Connecticut, Massachusetts, Minnesota, Nevada, New Jersey, New Mexico, New York, Oregon, and Washington — all states with Democratic attorneys general. The suit was filed in the U.S. District Court for the Northern........

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