President Donald Trump raised potential antitrust considerations for Netflix Inc.’s deliberate acquisition of Warner Bros. Discovery Inc., noting that the market share of the mixed entity could pose issues.
“Nicely, that’s bought to undergo a course of, and we’ll see what occurs,” Trump mentioned when requested in regards to the deal as he arrived on the Kennedy Heart for an occasion, confirming that he has met Netflix co-CEO Ted Sarandos final week and complimenting the streaming firm. “However it’s a massive market share. It might be an issue.”
The $72 billion deal would mix the world’s No. 1 streaming participant with the No. 4 service HBO Max, which has raised crimson flags from antitrust regulators.
