Core Viewpoint - The acquisition of Warner Bros. by Netflix is expected to proceed without major regulatory hurdles, as indicated by regulatory expert Andrew Lipman, who believes the deal is not significantly more complex than Paramount's bid for WBD [1][3]. Group 1: Acquisition Details - Netflix's proposal to acquire Warner Bros. is valued at $82.7 billion, including debt, and has been accepted by the WBD board [2]. - Paramount has launched a hostile takeover bid for WBD, offering $108 billion for the entire company, citing concerns over the acquisition process [2]. Group 2: Regulatory Environment - Paramount argues that Netflix's acquisition would face regulatory challenges due to concerns about market dominance and consumer leverage, but Lipman dismisses these claims [3]. - The current regulatory environment is described as rigorous, with Gail Slater leading the antitrust division in Trump's Department of Justice, indicating a serious approach to antitrust reviews [5]. Group 3: Potential Conditions and Settlements - Lipman suggests that the deal may include "behavioral conditions" such as concessions to movie theaters regarding scheduling and licensing agreements [8]. - The possibility of a settlement approach is highlighted, with Slater having approved several deals this year after reaching settlement agreements [6]. Group 4: Broader Market Context - The streaming market is characterized by high competition, with consumers using multiple services, which complicates the notion of market dominance [4]. - AI is expected to play a significant role in the regulatory process, drawing parallels to previous antitrust cases involving major tech companies [9].

Core Viewpoint - The U.S. government, under President Donald Trump, has established a golden share agreement with Japan's Nippon Steel Corporation, allowing oversight and veto powers over U.S. Steel's operations to ensure the company's continued U.S.-based production [2][4]. Group 1: Golden Share Agreement - The golden share agreement grants President Trump veto rights over significant business decisions at U.S. Steel, including changes to the company's name, relocation of its headquarters, and closure of production facilities [5]. - Trump appointed two Department of Commerce officials to oversee U.S. Steel under this agreement, including William Kimmitt as his designee and David Shapiro as a director on U.S. Steel's board [3][5]. Group 2: Acquisition and Trading Status - The controversial acquisition of U.S. Steel by Nippon was approved by Trump in June 2025, after which U.S. Steel ceased trading on the New York Stock Exchange [2]. - The golden share will be passed on to future U.S. presidents or their designees after Trump's term ends, ensuring ongoing government oversight of U.S. Steel [5].

The US will not hold a golden share or equity position in a new entity that will control TikTok’s American operations, according to a White House official https://t.co/npHrTwrPqS ...

Core Points - President Donald Trump holds significant veto power over U.S. Steel's decisions through a "golden share" arrangement, which will transition to the Treasury and Commerce Departments after his presidency [2][5] - The merger between U.S. Steel and Japan's Nippon Steel was approved by Trump under a national security agreement, despite his initial opposition [3][4] - U.S. Steel is now a wholly owned subsidiary of Nippon Steel North America, with its shares ceasing to trade on the New York Stock Exchange following the deal [6] Company Decisions Affected by Veto Power - Changing U.S. Steel's name and relocating its headquarters outside the U.S. [7] - Closing, idling, or selling production locations through 2035, including Granite City Works by 2027 [7] - Cutting employee base salaries through 2030 [7] - Reducing, waiving, or delaying a $10.8 billion capital investment timeline [7] - Acquiring any competing business in the U.S. [7]