Several U.S. states are preparing to sue and block Paramount's acquisition of Warner Bros. Discovery. California is leading the investigation into potential antitrust violations and harm to competition. Actors, writers, and theater owners also oppose the merger, fearing job losses and reduced consumer choice.

July 8 : U.S. states concerned that Paramount's $110 billion acquisition of Warner Bros. Discovery will hurt competition could sue to block the deal as soon as next week, two…

US states led by California and New York are preparing to file a multistate antitrust lawsuit to block the $110 billion Paramount-Warner Bros Discovery