Netflix-Warner Deal May Pose Problem, Trump Warns
US President Donald Trump raised potential antitrust concerns around Netflix Inc.
US President Donald Trump raised potential antitrust concerns around Netflix Inc.ās planned $72 billion acquisition of Warner Bros. Discovery Inc. The transaction would combine the worldās No. 1 streaming player with HBO Max and the Justice Departmentās antitrust division could argue that the deal is illegal because the combined market share would put Netflix well over a 30% threshold. Lawmakers have already faulted the transaction as harmful to consumers. Bloombergās Manuel Baigorri breaks down