California AG Rob Bonta Caves, Paramount Merger To Proceed With Flimsy Conditions

California AG Rob Bonta has caved to what was a relentless, bipartisan pressure campaign to settle the 12 state antitrust lawsuit against Paramount. The AGs sued Paramount last July, arguing (correctly) that the $111 billion deal would largely be anti-competitive, resulting in mass layoffs as the even bigger Larry Ellison-owned company forces labor and consumers […]

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