Netflix faces consumer class-action lawsuit over $72bn Warner Bros deal

Lawsuit argues that proposed deal threatens to reduce competition in US subscription video-on-demand market

Netflix has been hit with a consumer lawsuit seeking to block the online video giant’s planned $72bn acquisition of Warner Bros Discovery’s studio and streaming businesses.

The proposed class action was filed on Monday by a subscriber to Warner Bros-owned HBO Max who said the proposed deal threatened to reduce competition in the US subscription video-on-demand market.

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from The Guardian https://ift.tt/8vgwha6

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