Huan Qiu Wang·2025-12-08 02:11Core Viewpoint - The acquisition of Warner Bros. Discovery by Netflix has raised concerns regarding potential antitrust issues due to the significant market share that would result from the merger [1][3]. Group 1: Acquisition Details - Netflix announced on December 5 that it would acquire the core business of Warner Bros. Discovery for $27.75 per share, with an overall enterprise value of $82.7 billion, including an equity value of $72 billion [1]. - The deal has been in progress for several months, with multiple industry giants involved, but ultimately Netflix emerged as the winner [3]. Group 2: Regulatory Concerns - The U.S. Department of Justice's antitrust division will review the transaction, as the combined market share of Netflix is expected to exceed the 30% threshold, raising legal concerns [3]. - Experts, including antitrust specialist from Johns Hopkins University, suggest that the government may be skeptical of a streaming giant controlling both content production and distribution [4]. Group 3: Political Reactions - President Trump expressed concerns about the merger's potential to create a large market share, indicating he would be involved in the decision-making process [3]. - Senator Elizabeth Warren described the transaction as an "antitrust nightmare," while Senator Roger Marshall noted it poses unusual risks to consumers, creators, cinemas, and local businesses [4].