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Story summary
- Senators Elizabeth Warren (D-Mass.), Bernie Sanders (I-Vt.), and Richard Blumenthal (D-Conn.) asked the Department of Justice to review a potential Warner Bros. Discovery sale, warning a Warner Bros. Discovery–Paramount merger could raise market power and consumer costs.
- They cited fears of political favoritism and corruption in the review.
- Netflix shares fell after an analyst questioned the value of acquiring Warner Bros. Discovery, citing regulatory challenges and integration risks.
