U.S. justice halts the merger of Paramount and Warner for 14 days
A coalition of 12 states in the country filed a lawsuit to stop the process because of the potential monopoly risks it poses.
A California court has halted the mergerof Paramount Skydance and Warner Bros. for 14 days after attorneys general in 12 U.S. states fileda lawsuit with the California National High Court against this operation worth €96.5 billion for possible consequences for competition in the audiovisual and communication sector.
California District Judge Araceli ￮
It has also scheduled a hearing for 3 August to finalize the decision.
The merger would involve the integration of major global communication and entertainment assets such as CNN and CBS, two film studios, the HBO streaming platform and other cable television channels, including Nickelodeon and Cartoon Network for children and young people.
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