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Paramount-Warner Reveals The Extent Of California's Control

Paramount-Warner Reveals The Extent Of California's Control Authored by Tom Campbell via RealClearMarkets, Twelve state Attorneys General have just settled their lawsuit that tried to block Paramount from acquiring Warner Brothers. The case was brought under federal antitrust law. The settlement, however, goes far afield from antitrust. A state Attorney General is a political office-holder. It is neither surprising nor inappropriate that each would bring political considerations into the decision to sue, and now to settle a suit, against a merger of the prominence of Paramount-Warner Brothers. What is inappropriate, however, is...
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