Paramount Agrees to Postpone Warner Bros. Merger Until After Antitrust Trial The sudden agreement between Paramount and a coalition of state attorneys general to postpone the Warner Bros.
merger until after an antitrust trial has provided a welcome development for advocates of competition, but its significance should not be overstated.
The states' concerns about reduced competition in the cable and theatrical markets are legitimate, and their decision to block the merger pending trial is a critical step towards upholding the law.