Judge says Paramount and Warner Bros Discovery must halt merger for at least two weeks

Short summary

A federal judge issued a restraining order pausing the Paramount–Warner Bros Discovery merger for at least two weeks after twelve states raised competitiveness concerns in the film industry. A preliminary injunction hearing is set for August 3. The states argue the deal would harm competition in entertainment markets.

• •Federal judge temporarily halts Paramount–Warner Bros Discovery merger
• •Twelve states object on competitiveness grounds in the film industry
• •Preliminary injunction hearing scheduled for August 3

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