Sen. Mike Lee (R-UT), who chairs the Senate Judiciary Committee’s antitrust subcommittee, is leading the growing Republican opposition to the proposed merger between Netflix and Warner Bros. Discovery.
Lee’s concerns about the antitrust implications of the pending purchase, should it proceed, underscore the importance of the regulatory approval process in this case.
Notably, Lee voiced his objections to the unprecedented Hollywood deal ahead of his subcommittee’s Feb. 3 hearing. The hearing is expected to feature testimony from Netflix co-CEO Ted Sarandos and Warner Bros. Chief Strategy Officer Bruce Campbell.
In a Jan. 22 letter sent to the heads of both entertainment companies, the Republican chairman requested information on the Netflix-Warner Bros. merger due to several concerns.
“This merger raises concerns about potential abuse of the merger
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