BOOKER STATEMENT: 'THE PROPOSED MERGER BETWEEN PARAMOUNT AND WARNER BROS. DISCOVERY IS FAR FROM SETTLED.'

WASHINGTON, Feb. 27 -- Sen. Cory Booker issued the following press release:

Today, U.S. Senator Cory Booker (D-NJ), Ranking Member of the Senate Judiciary Subcommittee on Antitrust, Competition Policy, and Consumer Rights, issued the following statement regarding the announcement of the proposed merger between Paramount and Warner Bros. Discovery:

"The proposed merger between Paramount and Warner Bros. Discovery is far from settled. Now that there is an actual agreement on the table, the federal government has both the power and the responsibility to review it - and block it if it threatens competition, hurting consumers and workers. State attorney generals can do the same. And private parties directly harmed by anticompetitive conduct ha...