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Department of Justice has determined that Paramount Skydance's proposed $110 billion acquisition of Warner Bros.
Discovery would not harm American consumers or weaken competition, removing a critical regulatory obstacle for one of the largest media consolidations in recent memory.
The antitrust division's position signals federal enforcers are prepared to allow the combination of two of the entertainment industry's most prominent conglomerates to proceed.
The DOJ's Antitrust Finding Department of Justice antitrust enforcers concluded that the deal between Paramount Skydance and Warner Bros.
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