Paramount Skydance’s (NASDAQ:PSKY) proposed $110 billion acquisition of Warner Bros.

Discovery, Inc.

(NASDAQ:WBD) is facing a legal hurdle after a coalition of 12 states filed an antitrust lawsuit seeking to block the deal. 12 States Challenge Paramount-Warner Bros.

Merger California, New York, Arizona, Minnesota and nine other states filed a lawsuit in federal court in Oakland, arguing that combining Paramount and Warner Bros.

Discovery would create a media giant with excessive market power.