Justice Department Investigates Netflix's Proposed Acquisition of Warner Bros. Discovery

The U.S. Justice Department is examining Netflix Inc.'s proposed $72 billion acquisition of Warner Bros. Discovery Inc. Bloomberg posted on X, highlighting concerns about potential anticompetitive practices by Netflix that could impact content creators. The investigation aims to determine whether the merger would give Netflix undue influence in the streaming industry, potentially stifling competition and innovation. This scrutiny is part of a broader effort by regulators to ensure fair competition in the rapidly evolving media landscape.