Makan Delrahim, Paramount’s (PSKY) chief legal officer and the top antitrust enforcer in President Trump’s first administration, is arguing that Netflix’s (NFLX) $72B bid for Warner Bros. Discovery (WBD) faces significant antitrust hurdles, The Wall Street Journal’s Dave Michaels reports. Delrahim says that Paramount’s $77.9B hostile bid for Warner would easily clear antitrust review due to ample market competition.
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