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Benzinga
Benzinga
Business
Vishaal Sanjay

Netflix-Warner Mega Merger A 'Disaster For America,' Says This Anti-Monopolist: Likely To Face Significant 'Political And Antitrust Hurdles'

Netflix Matt Stoller Nasdaq America MO Warner Bros Netflix Inc Warner Bros Discovery Warner Bros Discovery Inc WBD
Los,Angeles,,United,States,-,Oct,23,,2021:,Netflix,Office

Streaming giant Netflix Inc.’s (NASDAQ:NFLX) $82.7 billion merger with mass media conglomerate Warner Bros Discovery Inc. (NASDAQ:WBD) is drawing sharp criticism from antitrust advocates, such as Matt Stoller of the American Economic Liberties Project, a non-profit founded to combat monopolist corporations.

The Merger Will Be ‘A Disaster For America’

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