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0 0.00294009555310554 -0.000367511944138111 -0.000367511944138111 -0.000363836824696738 0.0025725836089673 0.0025725836089673 0.0025725836089673
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Netflix exec calls DOJ probe into $82.7B Warner Bros deal 'ordinary course of business' [FOX Business Network]

Warner Bros. Discovery, Inc. - Series A (WBD) 
Netflix chief global affairs officer Clete Willems addressed a newly launched federal probe into the company's proposed acquisition of Warner Bros. Discovery Monday on "The Claman Countdown." "This is just ordinary course of business stuff," Willems said. "Of course, the Department of Justice is going to investigate this transaction and make sure that it's good for our economy and good for consumers." The Justice Department has opened an investigation into whether Netflix used anti-competitive strategies in its $82.7 billion acquisition of Warner Bros and HBO Max, The Wall Street Journal reported Friday. In his first public comments on the Warner Bros merger, Willems insisted that the DOJ probe poses no concern for the streaming giant and said the company is actively working with the DOJ. "I'm excited for Netflix to have the opportunity to engage with the Department of Justice and engage with policymakers to explain how great this deal is gonna be for the US economy and for c Show less Read more
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