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Paramount-Warner deal faces legal challenge built on 1963 bank ruling

Twelve state attorneys general are suing to block Paramount's $110 billion acquisition of Warner Bros. Discovery, citing a 1963 Supreme Court case about Philadelphia banks. Legal analysts argue the outdated 30% market-share threshold fails to account for modern streaming competition.

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Twelve state attorneys general are suing to block Paramount's $110 billion acquisition of Warner Bros. Discovery, citing a 1963 Supreme Court case about Philadelphia banks. Legal analysts argue the outdated 30% market-share threshold fails to account for modern streaming competi…

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