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European Union gives its greenlight to Paramount and Warner's mega merger with some conditions

Associated Press

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  1. reported

    AP reported that the European Commission conditionally approved the Paramount Skydance-Warner Bros. Discovery merger after commitments to end an EEA advertising-interest overlap that regulators said created a high concentration concern.

    European Commission conditional approval and EEA advertising-interest divestiture remedy

    EU approval required divestiture of a concentrated advertising interest · European Commission conditional approval granted