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California settles Paramount-Warner Bros. merger lawsuit, allows $111B deal

Legal experts frame settlement as institutional victory for state enforcement

2 Sep 21 · 4d ago · 2 articles · 1 source · development 2 of 2

George Hay, a Cornell Law School professor and former DOJ Antitrust Division attorney, called the settlement "a fight worth fighting" because it demonstrated states can enforce antitrust law when federal oversight has weakened. William Kovacic, former FTC chair, noted the settlement "shows they could do something that was very difficult" and has ripple effects for the federal enforcement system.

“This has a ripple effect that goes through the entire federal enforcement system because they showed they could do something that was very difficult. That's a big institutional win…”

William Kovacic

Rob BontaRob Bonta California Attorney GeneralDavid Ellison Paramount Skydance CEOGeorge Hay Cornell Law School professor, former DOJ Antitrust Division attorneyWilliam Kovacic George Washington University law professor, former FTC chair

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2Legal experts frame settlement as…
Sep 22Sep 23Sep 24yesterdaynow · 2:29 PM ET

What was reported 1 claim about this development

  1. 1 outlet A ‘fight worth fighting’: Paramount settlement is less than desired, more than nothing

    first by Los Angeles Times, 5d ago

All 2 developments of California settles Paramount-Warner Bros. merger lawsuit… →

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