Senate Antitrust Subcommittee Sets Another Hearing On Netflix-Warner Bros. Merger

The Netflix-Warner Bros. merger will come before a key Senate committee on March 4, a month after the same lawmakers heard testimony from the streamer’s co-CEO Ted Sarandos defending the transaction. The hearing has a pointed title, reflecting criticism of the deal coming from the chair of the Senate Judiciary antitrust subcommittee, Sen. Mike Lee (R-UT): “The Second Act: Competition and Monopsony Concerns in the Proposed Netflix-Warner Brothers Transaction.” The witnesses testifying have not yet been anno ...