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The chairman of the Senate’s antitrust subcommittee is reportedly raising concerns over Netflix's proposed acquisition of the Warner Bros. movie-and-television studios and HBO Max streaming service.
According to a report from Wall Street Journal, Senator Mike Lee in a letter to Netflix and Warner Bros Discovery said the deal “appears likely to raise serious antitrust issues, including risk of substantially lessening competition in streaming markets.”
The letter was sent to Netflix co-CEOs Ted Sarandos and Greg Peters and Warner Bros chief David Zaslav last week, as per the report.
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