State AGs sue to block $110bn Paramount–Warner Bros merger

A bipartisan coalition of US state attorneys general, led by California AG Rob Bonta, filed a lawsuit Monday to block the $110bn merger of Paramount Skydance and Warner Bros Discovery. They argue the deal would harm competition, raise consumer prices and cause thousands of job losses. The merger was agreed in February after a bidding war involving David Ellison's Paramount Skydance and Netflix.