Latest Antitrust Subcommittee News & Updates

US Senate Panel Raises Concerns Over Netflix’s $83 Billion Bid for Warner Bros. Discovery

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Washington, Feb 4 (IANS) A US Senate panel has flagged serious antitrust risks in Netflix’s $83-billion bid for Warner Bros. Discovery, questioning whether the merger would give the streaming giant excessive market power and reshape competition across the entertainment industry. Senate Antitrust Subcommittee Chair Mike Lee said the proposed transaction was “extraordinary in both scale and in potential consequence” and warranted close scrutiny.He said that Netflix, the world’s largest streaming p…