Trump Questions Proposed $82 Billion Netflix-Warner Bros. Deal
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U.S. President Donald Trump has publicly questioned a major proposed media merger. He suggested "there could be a problem" with Netflix's potential $82 billion acquisition of Hollywood studio Warner Bros.
The President noted that Netflix, a streaming giant, already holds a "big market share." His comments cast doubt on whether U.S. regulators would approve the deal.
Such large mergers require review by government agencies. They assess whether a deal could hurt competition by giving one company too much control over a market.