US states' Paramount-Warner suit tests narrow antitrust markets
By Flavia Fortes ( July 14, 2026, 22:31 GMT | Comment) -- For years, defining narrow relevant markets around a subset of premium products has been a controversial legal strategy in merger enforcement. States challenging the proposed Paramount-Warner combination are now attempting one of the boldest applications yet: treating blockbuster theatrical films and the licensing of basic cable television channels as distinct relevant markets.For years, defining narrow relevant markets around a subset of premium products has been a controversial legal strategy in merger enforcement. States challenging the proposed Paramount-Warner combination are now attempting one of the boldest applications yet: treating blockbuster theatrical films and the licensing of basic cable television channels as distinct relevant markets....
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