Big Tech Bids for Warner Brothers: Antitrust Concerns Arise

Three major companies are vying for parts of Warner Brothers Discovery, raising antitrust concerns. Netflix, with over 300 million subscribers, could face scrutiny for dominance. Paramount and Comcasts Peacock also face criticism over market concentration. Congressman Darrell Issa warns of potential price hikes, while Senator Elizabeth Warren expresses concerns over job losses. Netflixs willingness to change its theatrical release policy could influence the outcome. Former President Trumps past actions and relationships may also impact the approval process.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.