The Department of Justice has taken a labor-friendly stance that could impact future Hollywood megamergers. The government’s new view of consumer welfare through the lens of a market’s workers is, unsurprisingly, earning rapturous reviews among some in Hollywood’s talent community, such as its guild of screenwriters who can easily imagine themselves as a future beneficiary of this approach.
Source: In Targeting ViacomCBS’ Simon & Schuster Sale, Biden’s Antitrust Team Makes First Bold Move