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White House weighs market power as Trump reacts to escalating Warner Bros takeover battle
Donald Trump signaled possible antitrust scrutiny of the Warner Bros.
Fresh uncertainty has emerged around the Warner Bros. Discovery takeover after President Donald Trump said he intends to closely examine market concentration before taking any position in the intensifying media deal contest. Netflix recently announced a $72 billion acquisition plan for WBD, prompting Paramount Skydance to counter with a hostile bid offering $30 per share.