Netflix-Warner Deal May Pose Problem, Trump Warns
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Netflix-Warner Deal May Pose Problem, Trump Warns
US President Donald Trump raised potential antitrust concerns around Netflix’s planned $72 billion acquisition of Warner Bros. The transaction would combine the world’s No. 1 streaming player with HBO Max and the Justice Department’s antitrust division could argue that the deal is illegal because the combined market share would put ...
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Trump says Netflix-Warner Bros. deal could be a problem
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President Trump on Sunday cast doubt on Netflix’s proposed acquisition of Warner Bros. Discovery, saying it “could be a problem” because the streaming giant already holds a “very big market share.” “They have a very big market share, and when they have Warner Bros., you know, that share goes up a lot,” he told reporters on the red carpet at the Kennedy Center Honors. The president said he would consult with “some economists” and expected to be involved in whether the deal receives regulatory app
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