Judge Dismisses Consumer Antitrust Challenge to ParamountWarner Bros. Merger, Allows Refile
News Source : TheWrap
News Summary
- A federal judge dismissed an antitrust lawsuit brought earlier this year by a group of consumers challenging the Paramount-Warner Bros.
- On Wednesday, u.s. District Judge Araceli Martínez-Olguín ruled that the plaintiffs in the case did not establish standing.
- However, she did decide that the consumers would be allowed to file “an amended complaint” A Paramount spokesperson told TheWrap, “Today’s ruling confirms that the private plaintiffs failed to state a viable antitrust claim challenging this pro-competitive transaction.
- The case was rightly dismissed.”
A federal judge dismissed an antitrust challenge to the ParamountWarner Bros. Discovery merger that had been brought about by a group of consumers earlier this year. On Wednesday, U.S.
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