Gavin Newsom Bulks Up California’s Antitrust War Chest As State AG Contemplates Paramount-WBD Merger Battle

New antitrust litigation funding in Gavin Newsom‘s final budget as California’s governor looks to provide a clue as to what the state plans to do about the contentious Paramount-Warner Bros Discovery merger.

The just-released revised budget may be unexpectedly tax-revenue flush, but the likely 2028 White House candidate isn’t exiting Sacramento without firing off a multimillion-dollar antitrust salvo to corporate America and consolidating Hollywood.

Related Stories

California AG Slams Feds Over Paramount-WBD Deal; Citing Antitrust Concerns, Rob Bonta Says Real “Possibility Of Multiple States Working Together”