The UK government is right to pump the brakes on the $110 billion Paramount-Warner Bros. merger. Handing that much media power to one company threatens the plurality of voices British audiences depend on, covering everything from Channel 5 to CNN International. Updating the Enterprise Act to account for streaming is long overdue, and this merger is exactly the moment to get it right.
Blocking this merger would be a regulatory overreach with no real justification. WarnerMount's combined UK viewing share sits at just 6.9% — dwarfed by the BBC, YouTube and ITV — so the plurality argument simply doesn't hold up. Regulators in over a dozen countries have already signed off, and the Justice Department confirmed the deal actually increases competition across media markets.
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