The US Department of Justice approved the merger of Warner Bros. and Paramount

The Antitrust Division of the US Department of Justice announced that it sees no obstacles to Paramount Skydance's purchase of the Warner Bros. media holding. Discovery.

Following an eight-month review of the potential deal, the antitrust authority concluded that the merger would not harm competition or consumers, Reuters reports.

Paramount, commenting on the decision of the Ministry of Justice, said that they are doing everything possible to complete the deal as soon as possible.

California Attorney General Rob Bonta, in turn, emphasized that the merger of Warner Bros. and Paramount is not a fait accompli and his office is continuing to investigate. The Prosecutor General has the opportunity to block the deal.

• In April, more than a thousand people - actors, directors, producers and other representatives of the film industry - spoke out against the Warner Bros. merger. and Paramount. In an open letter , they pointed out that the deal could lead to job losses in the industry, increased production costs, and limit the choice of viewers around the world.
• The deal involves Paramount receiving all of Warner Bros.' assets. Discovery for $110 billion. In the fight for Warner Bros. Netflix also participated, the streaming service offered for the assets of Warner Bros. 83 billion dollars. After Paramount offered more, Netflix decided not to fight any further.