business / news / / Reuters
"The film and TV industries contribute billions to our economy, so it’s important we assess whether deals between studios may harm competition,”
The UK Competition and Markets Authority will launch a phase 1 investigation into the Paramount-Warner Bros deal.
KEY POINTS
- Interested parties have until April 27 to submit comments to the CMA regarding the deal.
- Over 1,000 writers, actors, and directors have publicly opposed the Paramount-Warner Bros merger.
- Signatories to the opposition letter include Jane Fonda, Mark Ruffalo, and Ben Stiller.
COMPANIES
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