Twelve states sued to block Paramount's $110 billion Warner Bros. Discovery deal, arguing it would reduce competition and raise prices.

Multiple state attorneys general are expected to file a lawsuit challenging the merger between Paramount Skydance and Warner Bros. Discovery, David Faber reports.

Twelve states challenged Paramount’s takeover of Warner Bros. Discovery on Monday, filing a lawsuit that argues the $81 billion mega merger would “extinguish competition” in…

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…