12:16 AMVariety
Paramount Argues States’ Antitrust Suit Will ‘Collapse Under Scrutiny’
Summary
Paramount’s lawyers responded to a 12-state antitrust lawsuit challenging its proposed merger with Warner Bros. Discovery. The filing previews defenses for a trial scheduled for next March, including an argument that the states lack authority to regulate the transaction.
Paramount has shifted from defending the merger in principle to laying out a formal litigation
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The merger now depends on a legal fight that could delay or block the transaction.