Netflix under White House scrutiny? Officials flag antitrust concerns over bid for Warner Bros. Discovery, says report

Netflix’s Warner Bros. The move to acquire the studio and streaming service HBO Max caught the attention of the Donald Trump administration, and senior White House officials expressed concerns about it. New York Post.

At a recent meeting, officials discussed whether such an acquisition would give Netflix “too much power over Hollywood,” the outlet reported, citing people with knowledge.

The high-level meeting took place about 10 days ago and many White House officials were also there. During the conversation, officials suggested a broader investigation was needed to assess Netflix’s market power, a government official who was present at the meeting said. Mail.

“Essentially, everyone agreed that Netflix presented unique antitrust concerns and that if it won the bidding war, it would be a long effort and the beginning of an investigation similar to those of Google and Amazon,” the official said.

“Netflix already has market dominance, but if you add a major streaming service it could stifle the competition at some point,” the government official added.

(This is a developing story. Check back for updates)