The Supreme Court has ordered California Attorney General Rob Bonta and 11 other blue state AGs to respond to a challenge by Iowa and Montana regarding their efforts to block the $111 billion ParaBros merger.
The AGs have two weeks to respond, which could be seen as a lifeline or a death knell for their antitrust suit against Paramount Skydance.
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The outcome of the case could have significant implications for the entertainment industry and antitrust law
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