As governments worldwide increase scrutiny of major corporate mergers over concerns about competition, market concentration and media ownership, Paramount's proposed $110 billion acquisition of Warner Bros. Discovery has hit another legal hurdle in the United States.
Oregon Attorney General Dan Rayfield said the state will ask a Multnomah County court to delay the proposed deal by 60 days, arguing Paramount has failed to provide records related to its lobbying activities and regulatory strategy, according to NBC News.