Warner Bros Discovery: Takeovers
The question
To ask the Secretary of State for Business and Trade, whether he has had discussions with the Competition and Markets Authority on the process for assessing the proposed acquisition of Warner Bros. Discovery by Netflix.
Answered by Kate Dearden
Investigations by the Competition and Markets Authority (CMA) are independent of Government. The CMA reviews cases that meet certain jurisdictional tests and considers whether it believes a merger could result in a substantial lessening of competition.
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