Netflix’s proposed $82.7 billion acquisition of Warner Bros. Discovery is under scrutiny by the US Department of Justice (DOJ), which is investigating potential anticompetitive practices by the streaming giant. The DOJ’s civil subpoena indicates concerns about Netflix’s conduct that could reinforce its market power. Although Netflix’s attorney described the probe as standard, the investigation could last up to a year and may affect the deal’s regulatory approval timeline. Netflix maintains it is cooperating with the DOJ during the review process.
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