Paramount pushed back on an antitrust lawsuit seeking to sideline its proposed acquisition of Warner Bros. Discovery, deeming the complaint “long on rhetoric and fearmongering” but falling short of stating a viable claim that the deal harms competition.
“Antitrust merger litigation is not a sport; it is a serious matter that consumes the resources of the parties and the Court. Because this Complaint falls well short of the required pleading standards, it should be dismissed with prejudice,” Paramount’s legal team, led by Jeffrey Kessler, wrote in a motion to dismiss filed in U.S. District Court in Oakland on Thursday.
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