Attorney General William Tong joined a coalition of 12 attorneys general in suing to block the $110 billion acquisition of Warner Bros. Discovery, Inc. by Paramount Skydance Corporation. The lawsuit alleges the merger violates Section 7 of the Clayton Act by substantially lessening competition in theatrical film distribution and basic cable television licensing, which would harm consumers through higher prices and reduced quality.
The coalition seeks to block the merger through a lawsuit and has asked the companies not to close the merger until after the judicial process concludes, with a potential temporary restraining order if they do not agree.
In-house legal teams should review vendor and customer agreements for change-of-control provisions that may be triggered by a merger of this scale. Key clauses to examine include: (1) merger or acquisition clauses that allow termination or renegotiation upon a change of control; (2) exclusivity and non-compete clauses that could be affected by the combined entity's market power; (3) pricing and most-favored-nation clauses that may need adjustment if competition is reduced; (4) data sharing and licensing agreements that could be impacted by the consolidation of content libraries; and (5) termination for convenience or material adverse change clauses that provide exit rights if the merger harms the contracting party's business interests.
Entity
Paramount Skydance Corporation
Industry
Media & EntertainmentOfficial Press Release
https://portal.ct.gov/ag/press-releases/2026-press-releases/attorney-general-tong-sues-to-block-warner-bros-paramount-merger
redacted paramount warner complaint file stamped.pdf?rev=b7b
https://portal.ct.gov/-/media/ag/press_releases/2026/redacted-paramount-warner-complaint----file-stamped.pdf?rev=b7b02e3ce90346fb847060583469642f&hash=59BF04B241BF8391FEDE41ABDAEDE5EC
Connecticut Attorney General Enforcement Page
https://portal.ct.gov/AG/Privacy/Privacy-Resources
"Paramount Skydance Corporation (Paramount)"
"Section 7 of the Clayton Act"
"suing to block"
"joined a coalition of 12 attorneys general"
"California, Arizona, Colorado, Massachusetts, Minnesota, Nevada, New Jersey, New Mexico, New York, Oregon, and Washington"
Oregon Attorney General Dan Rayfield secured a temporary restraining order blocking Paramount Skydance Corporation's proposed $110 billion acquisition of Warner Bros. Discovery. The lawsuit, joined by 11 other state attorneys general, alleges the merger would harm Oregonians through higher prices, lower content quality, and reduced competition in film and television distribution.
A coalition of 12 state attorneys general, led by Colorado AG Phil Weiser, obtained a temporary restraining order from a federal court in California to halt the proposed $110 billion merger of Warner Bros. Discovery, Inc. by Paramount Skydance Corporation. The lawsuit alleges the merger violates Section 7 of the Clayton Act by substantially lessening competition in film distribution, anticipated blockbuster film distribution, and licensing cable TV channels.
Oregon Attorney General Rayfield and a coalition of 11 other attorneys general filed a motion for a temporary restraining order and preliminary injunction to block the $110 billion acquisition of Warner Bros. Discovery, Inc. by Paramount Skydance Corporation. The lawsuit alleges the merger violates Section 7 of the Clayton Act by substantially lessening competition in theatrical film distribution and basic cable television licensing, which would lead to higher prices and reduced content quality for consumers.
Oregon Attorney General Dan Rayfield and a coalition of 12 state attorneys general filed a lawsuit challenging the $110 billion acquisition of Warner Bros. Discovery by Paramount Skydance Corporation. The lawsuit alleges the merger violates Section 7 of the Clayton Act by substantially lessening competition in theatrical film distribution and basic cable television licensing, which could lead to higher prices and reduced choice for consumers.
Minnesota Attorney General Keith Ellison joined a coalition of 12 state attorneys general in filing a lawsuit challenging Paramount's $110 billion acquisition of Warner Bros. Discovery. The lawsuit alleges that the merger violates Section 7 of the Clayton Act by substantially lessening competition in theatrical film distribution and basic cable television channel licensing, threatening higher prices and reduced innovation for consumers.
$29.6M
Attorney General Jennifer Davenport joined a coalition of 48 states and territories in a $29.6 million settlement with Glenmark, a generic drug manufacturer, for allegedly conspiring to artificially inflate and manipulate prices, reduce competition, and restrain trade for numerous generic prescription drugs. The settlement includes cooperation in ongoing litigations and internal reforms to ensure fair competition.