Sen. Elizabeth Warner (D-MA) said that Netflix (NFLX) purchasing Warner Bros. Discovery (WBD) looks like an “anti-monopoly nightmare.”
“A Netflix-Warner Bros. would create one massive media giant with control of close to half of the streaming market,” Warren wrote in a posting on X on Friday. “It could force you into higher prices, fewer choices over what and how you watch, and may put American workers at risk.”
Warren’s comments come after Netflix (NFLX) earlier said it will acquire Warner Bros. Discovery (WBD), including its film and television studios, HBO Max and HBO, for $72 billion.
“The Justice Department must enforce our nation’s anti-monopoly laws fairly and transparently — not use the Warner Bros. deal review to invite influence-peddling and bribery,” Warren added in her post on X.