Senators Open Netflix Hearing With Serious Concerns Over Warner Bros. Deal: “Extraordinary In Both Scale And Potential Consequence”
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As Netflix co-CEO faced a Senate subcommittee over its proposed acquisition of Warner Bros., lawmakers in both parties pressed serious concerns over the combination, citing in particular the streaming giant’s dominance. The chair of the Senate Judiciary antitrust subcommittee, Sen. Mike Lee (R-UT), said that the transaction was “extraordinary in both in scale and potential […]