Newsom urges out-of-court settlement in California's Paramount-Warner Bros. antitrust suit

California Governor Gavin Newsom has reportedly expressed concern that a state antitrust lawsuit blocking the Paramount-Warner Bros. Discovery merger could harm employment in the state. According to the Wall Street Journal, Newsom's office has encouraged Attorney General Rob Bonta — who has independent authority to file such suits — to seek an out-of-court resolution. The merger has attracted regulatory scrutiny across multiple jurisdictions.

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