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Netflix-Warner Bros Is a Marriage Made in Competition Heaven
Barron's
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Top executives from Netflix and Warner Bros. Discovery answered antitrust concerns before the Senate on Tuesday. The hearing’s chair, Sen. Mike Lee (R., Utah), said Netflix’s proposed $82.7 billion all-cash purchase of WBD posed a “classic risk” of market consolidation.
Not so fast. If the antitrust inspectors are objective, they should wave the deal home.
Read the full piece here.