[DoodleBob]

Bottom line, there is no enumerated power in the Constitution granting the govt the ability to break-up or halt merging companies. “Anti-Trust” law is the bastard child of a progressive/“living Constitution” approach to the Commerce Clause.

If you don’t like that reality, try the empirical reality: do you REALLY trust the Justice Department to break up firms, or decide if two willing groups of shareholders shouldn’t transact?

Here a better idea. Big Tech is imploding on its own. Hollywood is on the ropes. Leave business alone. Do something worthwhile, like lowering taxes and shedding regulation.

Let Sen Warren yammer on. Let them merge. And watch the new company fail.

[Eleutheria5]

Netflix’s stock is doing very badly at present. Too late to short it.

[bigbob]

Most of the federal government has no basis in enumerated powers, but you know this.

Many mergers DO fail, not because the acquirer overpays and then is unable to cut costs enough to pay for the deal. Netflix already has an accounting department, legal staff, marketing communications department, etc just to name a couple of easy targets where they will reduce headcount to “achieve synergies”.

But that’s not what’s going to make this deal successful, if it turns out to be successful. That will be due to the use of AI. A kid with an NVIDIA GPU can produce cinematic quality video, it just takes a data center full of bigger ones to make a movie.

[WhiteHatBobby0701]

This is being opposed on both sides of the aisle. It will likely be opposed by the EU. The goal for this will be cash Mr. Hastings can offer to Gavin Newsom for 2028.