Oregon, 11 other states sue to block Paramount-Warner Bros. merger

Twelve Democratic-led states on Monday sued to block Paramount’s $110 billion acquisition of Warner Bros. Discovery.  The lawsuit, filed in the U.S. District for the Northern District of California, argues the merger violates Section 7 of the Clayton Act, a federal law prohibiting mergers that may substantially lessen competition or tend to create a monopoly.  […]