"Well, that's got to go through a process, and we'll see what happens,"
"But it is a big market share. It could be a problem."
President Donald Trump flagged potential antitrust concerns about Netflix's planned acquisition of Warner Bros. Discovery while arriving at the Kennedy Center. He confirmed meeting Netflix co-CEO Ted Sarandos last week and complimented the streaming company. Trump noted that the proposed deal must go through a process and that the combined market share is large enough to raise problems. The proposed $72 billion transaction would merge the world’s No. 1 streaming service with HBO Max, ranked No. 4. Antitrust regulators have raised red flags about the potential competitive impact of combining the two services. Regulatory review includes scrutiny of market concentration and potential harm to competition in streaming, advertising, and content licensing.
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