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One expert said the options are to "watch the US healthcare system spiral into profit-driven chaos or finally treat the Big Medicine disease to create a healthcare system that puts patients and clinicians in control of care."
As millions of working-class Americans suffer from President Donald Trump and congressional Republicans' cuts to the already dysfunctional US healthcare system, a leading anti-monopoly group this week released a report with recommendations to restore "affordability and control to patients, clinicians, and communities across the country."
"The healthcare crisis didn’t happen by accident, it is the direct result of decades of neoliberal policy choices that handed more power to corporate healthcare giants while families paid the price," said Morgan Harper, director of policy and advocacy at the American Economic Liberties Project (AELP).
"The choice now is clear: Continue to watch the US healthcare system spiral into profit-driven chaos or finally treat the Big Medicine disease to create a healthcare system that puts patients and clinicians in control of care," she explained. "This agenda presents a roadmap for how to do it."
Harper and Emma Freer, AELP's senior policy analyst for healthcare, co-authored the new report, "Break Up Big Medicine," with contributions from a trio of other experts. One of them is Dr. Will Flanary, an independent ophthalmologist in Portland, Oregon.
"The US healthcare system, once made up of mostly independent practices like mine, is now dominated by Big Medicine behemoths—including private insurance conglomerates, Big Pharma manufacturers, pharmaceutical middlemen, megahospitals, and private equity-backed practices—whose only fiduciary duty is to executives and investors," he wrote in the foreword. "This makes it increasingly difficult to keep my practice afloat and uphold my oath, resulting in moral injury."
"So, I now have a second career as an advocate," who goes by "Dr. Glaucomflecken" on social media. "What my patients need most is bold policy reforms to break up Big Medicine and build a better healthcare system, one where they can access affordable, high-quality care and independent physicians like me can thrive."
The report notes that "between 2005 and 2025, the annual cost of employer-sponsored family coverage nearly tripled, from $12,214 to $35,119," US patients pay nearly three times as much for prescription drug prices as people in other countries, and "the United States spends more than $15,000 per person on healthcare each year—roughly one-fifth of our entire economy, and more than twice what peer nations spend, in return for worse patient outcomes on a variety of metrics."
Costs continue to rise, with The Wall Street Journal reporting last week that, according to benefits consulting giant Aon, US workers with employer-sponsored insurance are expected to spend an average of $5,297 on healthcare this year, or $388 more than last year. Another consultant, WTW, found that US employers expect their healthcare costs will rise 11.1% next year.
Meanwhile, six "corporate behemoths" in the sector—Cardinal Health, Cencora, Cigna, CVS Health, McKesson, and UnitedHealth Group—"now rank among the Fortune 15, making nearly $34 billion in annual profit," collectively, as AELP detailed Thursday. "Big Medicine now employs more than four in five US doctors," and practices must spend time completing, "on average, 40 prior authorizations per physician per week, time that would be better spent on patient care."
"Our current healthcare crisis is the result of several decades of federal policymaking by both political parties based on the flawed premise that empowering private insurers to ration access to healthcare, rather than addressing the underlying root causes of high prices, would effectively contain costs," the AELP report says.
The publication lays out a four-part "treatment plan" to save Americans $795 billion annually, or more than $6,000 per household: break up Big Medicine, bring down healthcare prices, build capacity, and bolster enforcement of existing laws.
The first section highlights how some solutions already exist in Congress, pointing to various bills, including Sens. Elizabeth Warren (D-Mass.) and Josh Hawley's (R-Mo.) Break Up Big Medicine Act, their Patients Before Monopolies Act with Reps. Diana Harshbarger (R-Tenn.) and Jake Auchincloss (D-Mass.), Sen. Jeff Merkley (D-Ore.) and Rep. Val Hoyle's (D-Ore.) Patients Over Profits Act, Sen. Chris Murphy (D-Conn.) and Rep. Mary Gay Scanlon's (D-Pa.) Take Back Our Hospitals Act, and the Corporate Crimes Against Health Care Act, introduced by Rep. Maggie Goodlander (D-NH) and Sens. Richard Blumenthal (D-Conn.), Peter Welch (D-Vt.), Merkley, and Warren.
The second section calls for standardizing and capping "healthcare prices across public and private payers using traditional Medicare reimbursement rates for inpatient and outpatient services and negotiated drug prices as benchmarks." It urges a ban on prior authorization, an end to patient cost-sharing obligations, investments "in public options that eliminate Big Medicine administrative waste," and passage of Rep. Rashida Tlaib's (D-Mich.) Medicines for the People Act.
The third section calls for investments in the US prescription drug manufacturing base as well as in providers, "especially safety-net hospitals in rural and low-income metro areas, independent medical and dental practices, community pharmacies, and primary care physicians."
The final section calls on Congress to "close loopholes that allow anti-competitive business practices, which Big Medicine uses to drive up prescription drug costs," specifically promoting the repeal of the 1987 safe harbor for pharmacy benefit managers (PBMs) and other pharmaceutical middlemen, and the prohibition of "price discrimination, spread pricing, self-preferencing, network discrimination, and sole-source or exclusive contracting terms across all payers." It further advocates for an increase in funding for antitrust enforcers at the Federal Trade Commission and the US Department of Justice.
"For decades, healthcare reform has focused on expanding private coverage and putting more money into a broken system while allowing corporate giants to consolidate power and drive up costs," said Freer. "Working families have paid more only to receive lower-quality care.
"Americans need a new policy paradigm that actually takes on the root causes of the crisis: consolidation, corporate control, and lack of competition," she argued. "This agenda is about moving beyond the status quo to build a healthcare system where patients come first, clinicians can thrive, and every American can afford the care they need."
The report comes amid renewed scrutiny of the president's "most favored nation" deals with Big Pharma, with Peter Maybarduk, access to medicines director for the watchdog Public Citizen, saying last week that "Trump has three kinds of drug pricing policy: fake, exaggerated, and not-real-yet, probably-won't-happen."
After pointing out on social media Wednesday that Health and Human Services Secretary Robert F. Kennedy Jr. in April agreed to publicize the deals for medicines listed on the direct-to-consumer website TrumpRx, and "months later, still crickets," Warren wondered, "Why should Americans believe this isn't just another Trump handout to fatten Big Pharma's pockets?"
Additionally, as Americans have started contending with the Medicaid cuts in the One Big Beautiful Bill Act passed by Republicans in Congress and signed by Trump last year, as well as the GOP's refusal to extend Affordable Care Act subsidies, which has caused premiums to skyrocket, there have also been renewed calls for shifting the United States to a universal healthcare system.
A study published earlier this month by researchers at Yale University suggests the Medicare for All Act that's been repeatedly introduced by Sen. Bernie Sanders (I-Vt.) would save more than $1 trillion and over 114,000 lives annually.
"At a time when 15 million Americans are being thrown off the healthcare they have and 20 million Americans have already seen their premiums double, on average, as a result of Trump’s so-called ‘Big Beautiful Bill,’ we need Medicare for All now more than ever," Sanders said in response to the study. "The time is now to end the greed of the big insurance and drug companies and pass Medicare for All."
David Dayen, executive editor of The American Prospect and the author of books including Monopolized: Life in the Age of Corporate Power, noted in his Thursday coverage of AELP's report that "while it's complementary to a Medicare for All approach, single-payer insurance is not mentioned."
"In tandem with moving toward a Medicare for All system, we have to address consolidation that is the cause of healthcare being so expensive, with degraded quality, and the squeezing of healthcare professionals," Freer told Dayen. "Otherwise we end up with something like Medicare Advantage for All, which would be disastrous."
"We know what this merger will mean—one less buyer for our work, less demand for writing services, less leverage to negotiate deal terms that recognize our value, less creative latitude."
Top TV comedy writer Michael Schur, co-creator of hit shows such as Parks and Rec and The Good Place, is sounding the alarm about the "existential" dangers of allowing the proposed $110 billion megamerger between Paramount and Warner Bros. Discovery to go through.
In an op-ed published Monday in The Hollywood Reporter, Schur outlined the downsides of megamergers between major Hollywood studios, which he described as "bad for everyone except those at the very top" and "another potential broadsword blow to an already wounded industry, one that’s been gouged and squeezed and strangled by high-level corporate greed."
Focusing on the challenges faced by writers, Schur wrote that people in his profession "felt the walls closing in" when they first heard news of Paramount's proposed purchase of Warner Bros.
"We know what this merger will mean," wrote Schur, "one less buyer for our work, less demand for writing services, less leverage to negotiate deal terms that recognize our value, less creative latitude... The impact will be concrete, measurable, and serious."
Schur explained that writers and other workers in the entertainment industry personally understand how corporate consolidation affects their livelihoods.
"We don’t have to theorize any of these outcomes," Schur wrote. "Disney’s acquisition of 21st Century Fox in 2019 put them all on full display. After the merger, Fox’s television development operation was folded into Disney’s. Their studio’s priorities continued, Fox’s did not. Writers who had built relationships at Fox found themselves adrift... More than 4,000 Fox employees lost their jobs."
Schur concluded by encouraging opponents to the merger to "fight tooth and nail to sustain what is left of our struggling—but still breathing—creative industry" before it gets fully monopolized.
The combination of Paramount and Warner Bros. has long been controversial because it would put control of CBS, CNN, HBO, TikTok, and other major media properties all under the control of David Ellison, the son of billionaire Larry Ellison, a major donor to President Donald Trump.
The merger has been placed on hold amid multiple lawsuits seeking to block it, including one filed by 12 Democratic state attorneys general.
The New York Times reported on Monday that California Attorney General Rob Bonta, whose office has been leading the state AGs' antitrust complaint against the deal, called off a meeting that had been scheduled with Paramount executives to discuss a potential settlement.
In a statement, Bonta accused Paramount of leaking misleading information about settlement discussions between the parties, which he said demonstrated "a lack of good faith."
"As soon as Paramount stops playing games and engages sincerely," Bonta said, "my office is happy to meet again."
"The president stopped by to check on the negotiations. How is this not settled yet? asked Trump," The Wall Street Journal reported. "By the end of the meeting, it was."
Reporting published over the weekend revealed that US President Donald Trump personally intervened to force a Justice Department settlement with Ticketmaster owner Live Nation, which faced a high-profile antitrust trial for abusing its market power and illegally crushing competition.
The Wall Street Journal reported Sunday that the Justice Department, which sued Live Nation in 2024 during former President Joe Biden's administration, was "preparing to wage a legal battle more than a decade in the making against the world’s largest concert promoter. Then President Trump called." A senior DOJ official relayed to associates that the president told them to "settle it."
Trump's intervention reportedly came just days before the March 2 trial began in the antitrust case, the product of a yearslong investigation into the ticketing and concert behemoth. The Justice Department formally announced the settlement on March 9; the DOJ antitrust division's counsel in the case appeared to be unaware of the deal until he appeared in court for trial.
According to the Journal, Trump's instruction to the DOJ to settle the Live Nation case came shortly after the president met with the company's CEO, Michael Rapino, in the Oval Office in late February.
"Trump had called the meeting to discuss how to improve bookings at the Kennedy Center for the Performing Arts, according to people familiar with the conversation," the Journal reported. "He also wanted to know why the company hadn’t reached a deal over its lawsuit."
"On March 5, Rapino was back at the White House, meeting White House Counsel David Warrington and then-Attorney General Pam Bondi to put the finishing touches on a deal. He was accompanied by Sullivan & Cromwell’s James McDonald, who had little antitrust experience but had been representing Trump in two New York appeals," the newspaper added. "The president stopped by to check on the negotiations. How is this not settled yet? asked Trump... By the end of the meeting, it was."
Since the start of Trump's second White House term, the Justice Department has repeatedly settled cases against corporations accused of violating the nation's antitrust laws. MS NOW reported last month that "DOJ staff have privately complained that the Trump administration is essentially deciding not to enforce antitrust laws that are critical to keeping companies from becoming single-source providers and being able to charge enormous sums for their product or service."
The Biden Justice Department's 2024 antitrust suit against Live Nation accused the company of depriving music fans in the US of "ticketing innovation" and forcing them to "use outdated technology while paying more for tickets than fans in other countries."
The Journal reported Sunday that most of the states that joined the antitrust action against Live Nation, "including those controlled by Republicans, viewed the settlement as so favorable to the company that they refused to join it and continued to trial."
"In April, a jury found Live Nation illegally monopolized the ticketing market for major concerts in the US," the Journal noted. "The plaintiff states have asked the judge to break up the company."
"Taylor Farms’ repeated connection to major outbreaks and recalls warrants a closer look at whether these are unrelated incidents or signs of recurring weaknesses."
An agricultural industry watchdog on Tuesday released a report examining how corporate consolidation enabled this summer's widespread outbreak of Cyclosporiasis, a foodborne illness that causes explosive diarrhea.
The report, published by Farm Action, argues that the wide reach of produce giant Taylor Farms, which is the source of the outbreak, spread food contaminated by the Cyclospora parasite far and wide before an issue was detected.
One problem with Taylor Farms' reach, the report states, is that it is often hidden, leaving people unaware of the source of certain products.
"Taylor Farms produces 40% of the salad kits sold in the country and grows about one-quarter of its own vegetables, sourcing the rest through partner farms," the report says. "That makes it a major link between farms and some of the nation’s largest food buyers."
The company's produce is used at popular fast-food chains such as Taco Bell, McDonald's, and Chipotle, and is sold at big-name grocery stories including Whole Foods, Target, Safeway, and Costco.
Beyond that, its produce is bought by foodservice distribution giants Sysco and US Foods, who send it to assorted schools, hospitals, and hotels.
The report says that the consolidation of the produce production industry was itself enabled by the industry consolidation of grocery stores, restaurant chains, and foodservice distributors, which found it more efficient to buy from conglomerates such as Taylor Farms, which the report categorizes as "grower-shipper-packers (GSPs)."
"Like other large GSPs, Taylor Farms sources produce through regional and international networks rather than relying primarily on nearby farms," writes Farm Action. "That helps explain why investigators traced lettuce implicated in the 2026 Cyclospora outbreak to Mexico, even in the middle of summer when much of the US is capable of growing lettuce."
Because Taylor distributes its produce to so many places under so many different brands, the report continues, consumers have a hard time avoiding them even if they are actively trying.
What's more, the 2026 Cyclospora outbreak isn't the first time Taylor has been linked to a food safety event, as Farm Action found that it was connected to "the 2026 Salmonella outbreak linked to jalapeño products, previous Cyclospora outbreaks, the 2024 E. coli outbreak linked to McDonald’s onions, the 2021 E. coli cluster involving romaine lettuce, and numerous recalls for allergens, labeling errors, contamination risks, and processing defects."
"These incidents do not by themselves prove a pattern of systemic problems," the report adds. "But Taylor Farms’ repeated connection to major outbreaks and recalls warrants a closer look at whether these are unrelated incidents or signs of recurring weaknesses."
The report concludes by recommending stronger enforcement of US antitrust laws to break up big distributors, as well as stronger food safety and traceability policies.
Sarah Carden, senior director of research and policy at Farm Action, said the report on Taylor Farms should be a wakeup call to food safety regulators about the dangers of corporate centralization.
"Taylor Farms has extraordinary reach across the produce supply chain, a history of connections to major food safety events, significant political spending and access, and a workplace record that raises serious questions," said Carden. "Its growth also shows how consolidation has left farmers with fewer buyers and made our food supply increasingly dependent on a small number of powerful companies."
"You're not going to believe this but Gavin Newsom is taking the side of capital over workers," said one critic.
The Wall Street Journal on Friday reported that California Gov. Gavin Newsom has expressed reservations about his state's antitrust lawsuit that aims to block the $110 billion megamerger between Paramount Skydance and Warner Bros.
According to the Journal's sources, Newsom, who is widely expected to seek the Democratic Party's nomination for the presidency in 2028, has expressed concern about the impact that blocking the merger would have on jobs in Hollywood, and his office has reportedly "encouraged" California Attorney General Rob Bonta to reach a settlement with Paramount.
"It is unclear what impact, if any, Newsom’s urging will have on the California attorney general’s suit," the Journal reported. "Newsom doesn’t have a role in the litigation and doesn’t have authority over the state attorney general’s actions."
Bonta, along with several other Democratic state attorneys general who are co-plaintiffs in the antitrust suit, scored a major victory last week when a federal judge granted a temporary restraining order to pause the merger from going forward. In response, the companies have agreed not to close the deal until five days after a trial is held or next June 1, whichever is sooner.
The combination of Paramount and Warner Bros. has long been controversial because it would put control of CBS, CNN, HBO, TikTok, and other major media properties all under the control of David Ellison, the son of billionaire Larry Ellison, a major donor to President Donald Trump.
Newsom earlier this year told Semafor media reporter Maxwell Tani that he's known David Ellison for years, while emphasizing that California's probe of the proposed merger "isn't a personal attack" on the Paramount CEO.
David Dayen, executive editor of The American Prospect, expressed mock surprise at Newsom reportedly going to bat for the merger.
"You're not going to believe this but Gavin Newsom is taking the side of capital over workers," Dayen wrote. "In this case it's tricky because he's backing the very MAGA allies his cosplaying X account claims he's fighting."
Tech journalist Karl Bode described Newsom's reported efforts to push the merger through as a "nice sneak peak of the sort of media policies you can expect under his presidency."
Elections analyst Nick Field questioned Newsom's reported concern about Hollywood jobs being lost if the merger gets blocked, as corporate consolidation usually coincides with mass layoffs.
"Paramount will undoubtedly cut tons of jobs if they buy Warner Bros., as the Ellisons did when they bought Paramount in the first place," wrote Field. "To say nothing of allowing the Ellisons to own CNN and consolidate more power. Just disgusting supplication from Newsom."
Antitrust advocate Matt Stoller, however, expressed skepticism at the Journal's reporting on Newsom, if for no other reason than the California governor was unlikely to risk hurting his image among Democratic primary voters by pushing through an unpopular corporate merger.
"It would be an odd for Gavin Newsom to encourage the control of Hollywood by close allies of Donald Trump considering his 2028 ambitions," wrote Stoller. "He's not stupid."
California's attorney general called the development "great news for audiences, movie theaters, and the many people who write, build, and create the art, news, and entertainment so many of us enjoy."
Paramount Skydance on Friday officially delayed its attempted acquisition of Warner Bros. Discovery after a federal judge in the Northern District of California temporarily blocked the $111 billion deal at the request of a dozen Democratic attorneys general.
US District Judge Araceli Martínez-Olguín granted the temporary restraining order on Monday after finding that the plaintiffs—led by California Attorney General Rob Bonta—provided "compelling evidence that the combined firm resulting from the transaction will possess substantial market share in the wide-release theatrical distribution market." She extended the order on Thursday.
The companies have now agreed not to close the deal—also the target of a Writers Guild of America lawsuit—until five days after a trial is held or June 1, 2027, whichever is sooner. While the attorneys general and their supporters framed the development as a victory for their side, a Paramount spokesperson similarly said that "today's agreement is a significant win because the result is exactly what we have sought from the outset: a direct path to a trial based on the evidence."
"This is the fastest and clearest way to prove that this transaction is good for competition, good for consumers, and good for creators, a conclusion dozens of competition authorities around the world have already reached," the spokesperson continued. "Plaintiffs' market definitions bear no relationship to the realities of today's marketplace and cannot withstand scrutiny. We look forward to proving our case at trial."
Meanwhile, Bonta said in a statement that "our argument against this illegal merger is straightforward: When too few corporations have too much power in markets central to American life, it makes things more expensive, and it makes things worse."
"Today's agreement is great news for audiences, movie theaters, and the many people who write, build, and create the art, news, and entertainment so many of us enjoy," he emphasized. "We are eager to continue to make our case in court and celebrate another tremendous win in our effort to ensure this unlawful merger never sees the light of day."
Joining Bonta in battle are the attorneys general of Arizona, Colorado, Connecticut, Massachusetts, Minnesota, Nevada, New Jersey, New Mexico, New York, Oregon, and Washington. They, too, celebrated on Friday.
"Stopping this merger while our case proceeds is a critical victory in our efforts to uphold the law and protect the film and television industries," New York's Letitia James stressed on social media. In a video, New Jersey's Jennifer Davenport also called the companies' decision "a huge win for consumers" and pledged to "continue to fight to block this merger for good."
Responding to one of Davenport's social media posts, actor and activist Mark Ruffalo declared: "Today's news is a repudiation of Paramount's strategy of currying favor with the Trump administration to grease the wheels on this illegal merger—from sham settlement payments to manipulating its own news coverage. Stay strong and #BlockTheMerger."
Some opposition to the deal is rooted in the fact that it would give Paramount CEO David Ellison—the son of billionaire Larry Ellison, a major donor to President Donald Trump—control of CNN, as he already faces mounting criticism for his and Bari Weiss' management of CBS News.
"The Ellisons believed their relationship with President Trump would help them push through a disastrous deal that threatened democracy, creative freedom, and independent journalism. We in the #BlocktheMerger campaign helped prove them wrong," said Norm Eisen, co-founder and executive chair of Democracy Defenders Fund, in a statement.
"Paramount's decision keeps two major studios competing instead of handing one company even more power over what Americans watch, what they pay, and where entertainment workers can earn a living," he continued. "The merger would have eliminated one of Hollywood's largest buyers of scripts and productions while placing Paramount+, HBO Max, CBS News, CNN, and dozens of local stations under the management of one company."
"This victory in putting the merger on hold belongs to the people who refused to treat the merger as inevitable," Eisen added. "Artists, journalists, filmmakers, and consumer advocates spoke out despite the risk of retaliation, more than 5,500 people signed our open letter, and Attorneys General Rob Bonta and Letitia James, along with 10 other attorneys general, acted. This collective resistance is turning the tide."
Craig Aaron, co-CEO of the advocacy group Free Press, said that "Paramount tried to tell us this deal was a slam-dunk, but it just shot an airball. Late in the game, Paramount's lawyers grasped what we've said all along: The states have a very solid case that this deal violates US antitrust law. For the broad and growing coalition against this corrupt and dangerous deal, this delay marks a significant victory."
"Instead of fighting against an injunction and possibly losing now, Paramount's lawyers have resigned themselves to waiting for a full antitrust trial in federal court," Aaron added. "Paramount can pretend all it wants that it looks forward to that test, but that’s just more bluster from company mouthpieces trying to spin a major setback. Now this deal will face its day in court, and we are confident the evidence will show this mega-merger should be blocked."
Regulators announced the penalty as President Donald Trump is considering new tariffs against the European Union.
A day before President Donald Trump was expected to announce new trade tariffs on the European Union, the bloc's regulators on Thursday announced it had fined Google for anticompetitive business practices related to its search engine and app store.
Google has violated the Digital Markets Act (DMA), said the European Commission, by giving priority to its own services in search results and by preventing app developers from steering customers to cheaper products or app stores other than Google's Play Store.
The commission fined Google €460 million ($524 million) for its breach of search engine rules and €430 million ($490 million) for the app store violation, bringing the total fine to more than $1 billion—a fraction of the tech giant's assets. The fine was announced a day after Google parent company Alphabet reported a quarterly profit of $112.1 billion.
Brussels-based journalist Dave Keating quoted Alexandra Geese, a member of European Parliament representing the Green Party, as saying that "the size of this fine is disappointing and bears no relation to the damage Google has done to the European economy."
"Plenty of people would dodge the fare if the fine were cheaper than the ticket," said Geese.
The fine comes weeks after the European Court of Justice upheld a $4.67 billion fine from 2018 over the unfair advantage it gave to its own apps by pre-installing the apps on smartphones.
Teresa Ribera, the commission's executive vice president for a clean, just, and competitive transition, said Thursday that the DMA promises protections for "fairness, choice, and innovation in digital markets for the benefit of all European citizens.”
“The best products should succeed because they’re better, not because they’re owned by the company running the search engine,” said Ribera.
Kent Walker, Google's president of global affairs, claimed the fine would cause "product degradation" and said the company is evaluating a possible appeal.
The fine, he said, will force Google "to strip away real-time search features Europeans love—like instant pricing and direct availability for hotels, flights, and restaurants—and dismantle safety protections on Google Play."
The company has 60 days to comply with the penalty and could face further fines of up to 5% of its global revenue if it fails to do so.
Google has been fined more than $10 billion euros by the EU for anticompetitive behavior since 2017.
Ribera called on the company to return to the negotiating table with European regulators to determine its full compliance with the DMA.
“It is quite a strong message to Google to say: We expect from you a serious proposal in terms of compliance,” she said. “The intention of our regulation is to ensure well-functioning markets, not to punish anyone. But, of course, in certain cases, we need to come up with sanctions.”
The fine was announced hours before Trump's tariffs against 60 countries were set to expire; the president has threatened new tariffs against the European Union in retaliation for what he and Republican lawmakers view as unfair targeting of US tech companies.
But Ribera told reporters that the European Commission is "bound by the law" and announced the fine despite fears in the EU that Trump could retaliate with higher tariffs than the ones he levied last year.
“I don’t think that any of us being part of the Commission could be respected," said Ribera, "if we could decide whether to do or not to do because someone else is trying to tell us what to do.”
"Economic development and economic justice must go hand in hand," said New York City Mayor Zohran Mamdani in announcing Khan's appointment.
New York City Mayor Zohran Mamdani on Wednesday announced he was appointing Lina Khan, a leading champion of enforcing US antitrust laws, to serve as chair of the city's Economic Development Corporation.
In prepared remarks, Khan—the former chair of the Federal Trade Commission—said she looked forward to working with Tony Shorris, the former executive director of the Port Authority of New York and New Jersey who was appointed by Mamdani as the EDC's new president.
The former Biden administration official also gave an overview of what she hoped to achieve at the EDC.
"EDC has key tools to drive projects that grow our economy, create good jobs, promote entrepreneurship, and make life more affordable for New Yorkers," she said. "EDC has enormous capacity to make life materially better for New Yorkers—and to ensure that public resources are helping build state capacity."
A Wednesday report from Gothamist noted that Khan's appointment as chair "amounts to a shakeup for the agency, which has been criticized over the years for being too cozy with business interests," while noting that Shorris' appointment as president "was seen by some as a nod to the business community."
During a news conference announcing the appointments of Khan and Shorris, Mamdani emphasized that "economic development and economic justice must go hand in hand," adding that "this is no radical concept."
"History tells the tale of what happens when a few people have great power over markets that are central to Americans' lives: fewer opportunities for more people, worse products and services for all people," said California Attorney General Rob Bonta.
The $110 billion megamerger between Paramount and Warner Bros., widely criticized as a "disaster" by antitrust advocates, has been temporarily put on hold.
US District Judge Araceli Martínez-Olguín on Monday granted a temporary restraining order sought by several Democratic state attorneys general to pause the merger from going forward.
In her ruling, Martínez-Olguín found that the plaintiffs provided "compelling evidence that the combined firm resulting from the transaction will possess substantial market share in the wide-release theatrical distribution market," meaning that the merger between the two studios is "likely to violate antitrust laws."
The judge—appointed by former President Joe Biden—issued a 14-day restraining order on the merger, writing that "Paramount and Warner Bros. will continue to operate as separate, viable companies competing in the marketplace while they wait for the court to adjudicate this case."
The combination of Paramount and Warner Bros. has long been controversial because it would put control of CBS, CNN, HBO, TikTok, and other major media properties all under the control of David Ellison, the son of billionaire Larry Ellison, a major donor to President Donald Trump.
California Attorney General Rob Bonta, the lead plaintiff in the lawsuit against Paramount-Warner Bros. deal, hailed Martínez-Olguín's ruling as a "critical first win in our case to ensure this megamerger never sees the light of day."
"History tells the tale of what happens when a few people have great power over markets that are central to Americans' lives: fewer opportunities for more people, worse products and services for all people," he said. "With our lawsuit, we're fighting for a free and fair market and a thriving film and television industry that serves creatives and audiences alike."
New York Attorney General Letitia James, a co-plaintiff in the lawsuit, delivered a video statement calling the ruling "an important victory for consumers, for workers, and for fair competition."
"We are taking action to protect New Yorkers from the harms of unlawful corporate consolidation," James added, "and protecting democracy while we're at it."
We just won a court order stopping the merger of @ParamountPics and @warnerbros while our lawsuit continues.
We’re going to keep fighting to keep costs down for consumers, protect jobs, and stop this illegal merger. pic.twitter.com/yfcA0sOoLb
— NY AG James (@NewYorkStateAG) July 20, 2026
Sen. Elizabeth Warren (D-Mass.), a longtime critic of the merger, called the ruling "a WIN thanks to the state attorneys general who stood up and pushed back," and added, "Let's keep up the fight."
Rep. Becca Balint (D-Vt.) said the ruling was "welcome news," while warning that "we're not out of the woods yet."
"This merger would force prices up, bring wages down, and lead to people losing jobs—all to bring TikTok, CNN, and CBS under one roof," Balint observed. "Perhaps Paramount CEO David Ellison can't wine and dine his way through this one after all."
Attorney Norm Eisen, co-founder of Democracy Defenders Action, accused the Ellisons of trying to "rush" the merger over the finish line before courts could examine antitrust claims being made against it.
"Now the case gets decided on the merits," Eisen said.
"With this lawsuit, California and our sister states are fighting for free and fair markets, not rigged markets," said Attorney General Rob Bonta. "America has no kings in government or our economy.”
In filing an antitrust lawsuit against Paramount Skydance over its proposed $111 billion acquisition of Warner Bros. Discovery, 12 state attorneys general on Monday deployed a legal tactic successfully used in 2022 to block another megamerger pushed by book publisher Simon & Schuster.
States including California, New York, Colorado, and Washington argued in the lawsuit that should the merger be approved, just one massive corporation would control more than 30% of anticipated top-grossing blockbuster films with large budgets and audiences, while just four distributors—Paramount, Disney, Universal, and Sony—would control more than 90% of those films.
In 2022, the US Department of Justice (DOJ) argued successfully that Simon & Schuster's proposed acquisition of Penguin Random House would harm competition among book publishers as they vied for the rights to books anticipated to be bestsellers.
California Attorney General Rob Bonta, who is leading the coalition of states in the biggest legal challenge against the merger thus far, said that "the unlawful merger of these two entertainment behemoths would lead to higher prices, lower quality, and less content for film and television, harming movie theaters, basic cable distributors, and ultimately, audiences on every sofa and movie theater seat in the US."
The lawsuit also argues that after the proposed merger, just three distribution companies would control 75% of wide-release theatrical films and 27% of the market in licensing for basic cable television channels.
The merger, said the attorneys general in the US District Court for the Northern District of California, would violate Section 7 of the Clayton Act, which bars business mergers and acquisitions that substantially lessen competition or create a monopoly.
"In this country, no one is above the law," said Bonta. "With this lawsuit, California and our sister states are fighting for free and fair markets, not rigged markets. America has no kings in government or our economy.”
New York Mayor Zohran Mamadani expressed pride that his state was fighting the deal, which he said "is not a merger that serves the public."
The media advocacy group Free Press emphasized that along with reducing competition among film distribution companies, the merger would create a "media colossus" that would also include control over CBS—taken over by Skydance Media CEO David Ellison last year after his company merged with Paramount—and CNN.
The merger would give tech mogul Larry Ellison and his family—allies of President Donald Trump's administration—"the power to shape public discourse at the president’s direction in exchange for the administration’s regulatory approval," said Free Press. "That’s why administration officials like Secretary of Defense Pete Hegseth have openly rooted for the Ellisons to obtain CNN, based on their documented promises to make 'sweeping changes' to the network to please Trump."
Following the Ellisons' takeover of CBS, the leadership of newly appointed right-wing editor-in-chief Bari Weiss has been condemned by First Amendment advocates as Weiss has sought to remake CBS News—spiking a "60 Minutes" segment on Trump's mass deportations and firing the leadership of the flagship investigative news show.
“President Trump and his cronies want to rush this anti-competitive deal through because David Ellison has demonstrated time and again that he will leverage his control of his media empire to silence Trump’s critics and amplify MAGA propaganda," said Free Press co-CEO Jessica González, thanking the state attorneys general for their legal challenge. "That’s corruption, plain and simple. Any merger of this scale would diminish creativity and diversity in entertainment, weaken journalists’ ability to hold those in power accountable, and further endanger our democracy."
"This is especially true when the Ellisons are in charge," said González. "To win approval for their takeover of CBS News, the Ellisons promised to gut hard-hitting reporting across the network—and have gleefully followed through. And they’ll do the same to undermine editorial independence at CNN if they gain control of the global news network."
Although Paramount's proposed merger has already been approved by 20 countries and regions globally, and Trump's DOJ claimed the creation of an even larger media empire was "not likely to harm competition or American consumer,” regulators in the United Kingdom and the European Union have leaned toward looking more closely at the deal. The lawsuit, said González, "means that this corrupt merger is far from a done deal."
"While the administration won’t take a stand against the president’s billionaire cronies, we can still stop the Ellisons’ power grab," said González. "While Paramount is flaunting its corruption and toasting Trump officials, we’re standing with the workers and artists at the heart of the news and entertainment industries—and with the American people, who deserve a diverse and independent media system that works on their behalf, and against the self-interest of greedy billionaires and unethical politicians.”
The lawsuit also followed a series of town halls held in Los Angeles, New York, and Atlanta by the American Economic Liberties Project, titled "Main Street vs. the Merger." Anti-monopoly advocates heard from entertainment workers, small business owners, and others who would be impacted by the Paramount-Warner Bros. deal.
Comedian Adam Conover warned at one town hall that the merger would lead to higher streaming prices, and writers and other media workers shared fears that the deal would lead to mass layoffs.
"I spent the last month meeting with the workers and business owners who’d be hit with this deal,” said Alvaro Bedoya, senior adviser at American Economic Liberties Project, on Monday. “The rich guys who run Paramount can say what they want, but the people who actually work for them know that this will kill jobs and screw over the small businesses that are the lifeblood of this industry. I hope the states win and win fast, because these people need it.”
Lawsuits challenging mergers typically take at least several months and up to a year to be decided by a judge, and the states are asking the companies to freeze the proposed merger deal—which was set to close in the third quarter of 2026—which the case is being adjudicated. California also said it would seek a temporary restraining order if the companies did not agree to pause the deal.
Paramount has agreed to pay Warner Bros. Discovery shareholders $650 million for each quarter the deal isn't finalized, starting in October.
“This illegal merger would mean layoffs for artists and workers, higher prices for consumers, and the death of Hollywood,” said Matt Stoller, research director at American Economic Liberties Project. “State enforcers have done the right thing in seeking to block it. It is time to stop oligarchs from strip-mining our culture and selling America off for parts. Blocking this megamerger is the first step in doing so.”