The European Commission intensified its investigation into the proposed $81 billion acquisition of Warner Bros. Discovery by Paramount and Skydance. Regulators issued new information requests focusing on a probe into foreign subsidies. This heightened scrutiny could impact the merger's timeline and final outcome.
In the U.S., a group of Democratic state attorneys general is reportedly preparing an antitrust lawsuit to block the transaction. These dual regulatory hurdles from the EU and U.S. introduce significant uncertainty for the landmark media deal. No specific market reaction to these developments has been recorded.