Netflix is currently undergoing an antitrust review by the US government regarding its proposed acquisition of Warner Bros Discovery for almost $83 billion. This review is being conducted by the antitrust authorities of the Department of Justice (DOJ), who are investigating whether Netflix may exert monopolistic power as part of their assessment of the competitive risks associated with the studio's acquisition and its streaming operations. Sources indicate that the DOJ is seeking input from industry stakeholders to fully understand the implications of this massive deal.

Despite the ongoing review, Netflix asserts that it is not aware of any investigations beyond the routine merger review process and claims to be engaging constructively with the DOJ regarding the proposed agreement. The streaming giant is keen to ensure that regulatory concerns are addressed, as this acquisition would significantly alter the landscape of entertainment and streaming in the United States. In a concurrent move, Paramount is reportedly pursuing a competing bid for Warner Bros Discovery, showcasing the intense competition among media companies in this evolving sector.

Warner Bros spokespeople have expressed full confidence that the transaction with Netflix will meet all regulatory requirements. This situation highlights the increasing scrutiny that mergers and acquisitions are facing in the media and entertainment industries, especially as companies strive to strengthen their positions in a rapidly changing market. The outcome of this review could set important precedents for future deals and the dynamics of streaming competition in the US.