As Chairman Mike Lee put it, Netflix could become “the one platform to rule them all” if the merger is allowed to happen.

During a hearing at the US Senate, Netflix co-CEO Ted Sarandos said the company is working with the US government on guardrails against more price hikes.

Sarandos defended Netflix’s Warner Bros. merger and argued customers hold the real power.

As Chairman Mike Lee put it, Netflix could become “the one platform to rule them all” if the merger is allowed to happen.