Trump's Warner Bros. bid comments spark alarm over presidential power

World
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Moneycontrol•10-12-2025, 14:23
Trump's Warner Bros. bid comments spark alarm over presidential power
- •President Trump intervened in the Warner Bros. takeover bid, signaling he may influence whether Netflix or Paramount acquires the company.
- •His comments raise alarms among legal scholars and antitrust experts about the limits of presidential authority in merger decisions.
- •Jared Kushner's firm backing Paramount's bid adds an ethical concern to Trump's involvement.
- •Antitrust law typically assigns merger decisions to independent agencies (DOJ, FTC), not the President, sparking debate on presidential discretion.
- •A potential Supreme Court ruling could further empower the President over the FTC, eliminating a critical check on antitrust enforcement.
Why It Matters: Trump's move tests presidential power over independent regulatory decisions.
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