NEW YORK/LOS ANGELES, July 13 : California and 11 states sued to block Paramount's $110 billion acquisition of Warner Bros. Discovery, alleging the deal would create a media behemoth with the power to raise prices in film and television.They also filed for a preliminary injunction to immediately block the mer

California is among the states suing to block Paramount from buying Warner Bros. Discovery in a Hollywood mega-merger that would unite some of the nation's largest movie studios…

The deal already cleared federal regulators, but now faces a challenge from a coalition of 12 states.

California and eleven states are suing to block Paramount's acquisition of Warner Bros. Discovery. They allege the deal would lessen competition in film distribution and cable…