Antitrust

Core Summary The US Department of Justice formally approved Paramount’s acquisition of Warner Bros on June 12, clearing the most critical regulatory hurdle for the largest media merger in Hollywood history. The deal will create an entertainment giant with a massive content library, fundamentally reshaping the global film and television industry. Event Details According to Politico, the DOJ’s antitrust division decided not to challenge the transaction after completing its review, giving the deal key federal clearance. The industry had widely expected strict antitrust scrutiny. ...

EU regulators announce plans to extend the Digital Markets Act to cloud services and AI, intensifying oversight of tech giants.

According to the Wall Street Journal, Meta is preparing to reverse its acquisition of AI startup Manus after Chinese regulators explicitly refused to approve the deal, marking the latest chapter in US-China tech competition.

Chinese regulators require Meta to reverse its $2 billion acquisition of AI startup Manus, raising global concerns about tightening AI sector merger oversight.

China’s regulators formally reject Meta’s acquisition of a Chinese AI company, highlighting intensifying global scrutiny of cross-border AI deals amid US-China tech rivalry.