business 📺 Judge tosses Paramount merger lawsuit by subscribers
A federal judge dismissed a lawsuit filed by consumers challenging the $111 billion merger between Paramount and Warner Bros. Judge Araceli Martínez-Olguín ruled the plaintiffs lacked standing and failed to prove economic harm from the deal. The judge noted the complaint only made boilerplate claims about lower quality and decreased consumer choice. This ruling allows the plaintiffs to revise and refile their complaint for further consideration. Future antitrust cases involving state attorneys general are scheduled for trial on March 2, 2027. 📺