FCC Chairman Says There Are ‘Legitimate Competition Concerns’ With Netflix’s Warner Bros. Deal — but His Agency Has No Authority to Review It
HBO
Brendan Carr , the Trump-appointed chairman of the FCC , offered his opinion that Netflix ‘s proposed $83 billion deal to acquire Warner Bros.’s studios and HBO Max businesses raises “competition concerns.” However, the FCC does not have any authority to review the Netflix-WB deal. The proposed sale does not involve the transfer of broadcast licenses, which the FCC regulates; Warner Bros. Discovery doesn’t own any broadcast TV properties. Meanwhile Netflix isn’t buying WBD’s cable television
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