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The Competition and Markets Authority (CMA) has announced the upcoming launch of a preliminary investigation into the proposed merger between Paramount Skydance and Warner Bros Discovery.
The CMA will launch a preliminary investigation into the $110bn Paramount Skydance and Warner Bros Discovery merger.
KEY POINTS
- Industry stakeholders have until April 27 to submit comments to the CMA regarding the merger.
- Over 1,000 industry professionals, including major actors, have publicly opposed the proposed merger.
- The CMA's Phase 1 assessment will determine if a deeper investigation into competition concerns is needed.
COMPANIES
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