Antitrust enforcement action where Oregon AG filed a lawsuit to block the $6.2 billion merger of Nexstar and Tegna, alleging it violates Clayton Act Section 7 by substantially lessening competition in broadcasting, which could harm local news and raise consumer prices.
The lawsuit seeks a permanent injunction to prevent the merger from proceeding.
In-house legal teams should review vendor agreements with advertisers, carriage agreements with cable/satellite providers, and local partnership contracts for change of control clauses, termination rights, exclusivity provisions, and antitrust representations. Specific attention is needed for clauses governing pricing, content quotas, and market exclusivity, as the merger could trigger renegotiation, add market concentration limits, or require adjustments to account for reduced competitive leverage and potential price increases.
Entity
Nexstar Media Group, Inc. and Tegna Inc.
Also known as: Nexstar and Tegna
Industry
Media & EntertainmentOfficial Press Release
https://www.doj.state.or.us/media-home/news-media-releases/attorney-general-rayfield-files-lawsuit-seeking-to-block-6-2-billion-nexstar-tegna-broadcasting-merger/
202 03 18 Complaint for Permanent Injunction Redacted
https://www.doj.state.or.us/wp-content/uploads/2026/03/202-03-18-Complaint-for-Permanent-Injunction-Redacted.pdf
Oregon Attorney General Enforcement Page
https://www.doj.state.or.us/consumer-protection/
"acquisition of Tegna Inc. (Tegna) by Nexstar Media Group, Inc. (Nexstar)"
"Section 7 of the Clayton Act"
"mergers that substantially lessen competition or tend to create a monopoly"
California Attorney General Rob Bonta, joined by attorneys general from seven other states, filed a lawsuit to block the $6.2 billion merger between Nexstar Media Group and Tegna Inc. The lawsuit alleges the merger violates Section 7 of the Clayton Act by reducing competition in local TV markets, leading to higher prices, less local news, and job losses.
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.
$29.6M
Oregon Attorney General Dan Rayfield and a bipartisan coalition of states reached a $29.6 million settlement with Glenmark, a generic drug manufacturer accused of conspiring with other pharmaceutical companies to inflate prices and limit competition for numerous generic prescription drugs. The settlement requires Glenmark to cooperate in ongoing multistate litigations and implement internal reforms to ensure fair competition and antitrust compliance.
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.
$18.0M
A coalition of 42 state attorneys general settled bankruptcy claims against 23andMe following a 2023 data breach that compromised genetic data of 6.9 million customers. The settlement includes $150 million in allowed claims, with $18 million paid from bankruptcy funds, and requires enhanced data security measures for the successor entity, 23andMe Research Institute.
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.