The European Commission said it will decide by Sunday whether to sign off on the blockbuster media merger or open a full investigation.

The U.K.'s competition regulator has started an investigation into the proposed acquisition by Paramount Skydance of Warner Bros. Discovery.

The EU has opened a Phase 1 antitrust review of Paramount Skydance's $81-111B Warner Bros. Discovery acquisition, scrutinizing $24B in Gulf sovereign fund