A federal judge on Monday ordered Paramount and Warner Bros. Discovery to halt their $81 billion US merger for at least two weeks, allowing states that are challenging the deal more time to see their case through in court.

Judge Araceli Martínez-Olguín determined the merger likely violated antitrust laws.

A California judge granted a temporary restraining order on the Paramount-WBD deal after state AGs cited "compelling evidence" of market concentration. A $650M/quarter ticking fee…

California and eleven states secured a pause on Paramount's acquisition of Warner Bros. Discovery. They argued the massive media merger would harm competition and raise prices. …

A federal judge on Monday ordered Paramount and Warner Bros