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The Guardian - US

Business

Jeremy Barr

US state attorneys general file lawsuit in effort to block Paramount merger

Paramount Lawsuit United States Larry Ellison Rob Bonta Paramount Skydance Donald Trump California

The Paramount logo on the water tower at Paramount Studios in Los Angeles, California. Photograph: Mario Tama/Getty Images

A dozen US state attorneys general are seeking to block the $110bn merger of Paramount Skydance and Warner Bros Discovery, arguing in a lawsuit filed on Monday that it would hurt competition and lead to higher prices for consumers.

The coalition behind the lawsuit is led by the California attorney general, Rob Bonta, who has been a staunch critic of the merger since it was agreed to in February after a bidding war between David Ellison’s Paramount Skydance and Netflix.

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