

SUBSCRIBE TO OUR FREE NEWSLETTER
Daily news & progressive opinion—funded by the people, not the corporations—delivered straight to your inbox.
5
#000000
#FFFFFF
To donate by check, phone, or other method, see our More Ways to Give page.


Daily news & progressive opinion—funded by the people, not the corporations—delivered straight to your inbox.
The pending Paramount-Warner Bros. Discovery merger "represents an existential threat to the free press, independent media, and free speech in this country and beyond," warned several press freedom groups.
A coalition of nine press freedom groups on Tuesday warned that last week's firings of top journalists at CBS News' "60 Minutes" were a "grotesque effort taken straight from an authoritarian handbook"—but emphasized that the dismissal of reporters who had pushed back against the Trump administration signaled danger for journalists across the media, particularly as a pending merger would hand control of CNN to the same billionaire family that how runs CBS.
The Coalition for Women in Journalism, Common Cause, Freedom of the Press Foundation, and Reporters Without Borders were among the groups that released a statement saying the firing of "60 Minutes" correspondents Sharyn Alfonsi and Cecilia Vega—as well as two top executives—were meant to "appease a sitting president and dismantle one of the loudest voices in investigative journalism."
But the groups emphasized that "this is only the beginning," considering the fact that Warner Bros. Discovery recently voted in support of a $110 billion proposed merger with Paramount Skydance, owned by David Ellison, the son of President Donald Trump megadonor Larry Ellison. The deal could be finalized as soon as July.
Warner Bros. Discovery owns CNN, and media critics have warned the network could be headed for the same loss of editorial independence that CBS has faced since right-wing former opinion columnist took the helm of the latter network last year following the Paramount Skydance merger.
Since then, newly appointed editor-in-chief Bari Weiss has pulled from the air a "60 Minutes" segment that questioned the Trump administration's explanation for the deportation of hundreds of immigrants to an El Salvador prison, personally booked guests for news programs, and called for programming that appeals to "centrist" viewers.
"Bari Weiss’ shameless actions fulfill the Ellisons’ commitment to President Trump to remake CBS to his liking," said the groups on Tuesday. "Larry Ellison has reportedly promised to do the same at CNN if allowed to take control through the pending Paramount-Warner Bros. Discovery merger. Not because it makes any business sense, but because they seek to control the public discourse."
"We have to make the story heard. It’s what '60 Minutes' would have done; it’s what the Fourth Estate is tasked with doing; it’s what Trump and the Ellisons want to prevent. Don’t let them.”
The groups noted that the firings of Alfonsi, Vega, executive producer Tanya Simon, and executive editor Draggan Mihailovich came as more than 200 journalists and documentarians signed an open letter opposing the Paramount-Warner Bros. merger, citing concerns that the deal "would open the door to improper political meddling in journalists’ editorial decisions," and noting that according to The Wall Street Journal, David Ellison has "promised President Donald Trump 'sweeping changes' at Warner-owned CNN—a frequent target of Trump’s ire."
"Ellison will likely alter CNN’s editorial direction (not to mention meddle with HBO’s documentaries) to be more friendly to the administration, threatening press freedom," said the signatories, including Wajahat Ali, Mehdi Hasan, and Alfonsi.
A separate letter organized by Democracy Defenders Fund has garnered signatures from over 1,000 actors, producers, directors, screenwriters, and other entertainment professionals.
"This transaction would further consolidate an already concentrated media landscape, reducing competition at a moment when our industries—and the audiences we serve—can least afford it," reads the letter, which calls for state attorneys general to block the merger. "The result will be fewer opportunities for creators, fewer jobs across the production ecosystem, higher costs, and less choice for audiences in the United States and around the world. Alarmingly, this merger would reduce the number of major US film studios to just four."
On Tuesday, the press freedom groups warned that the merger "represents an existential threat to the free press, independent media, and free speech in this country and beyond, and should not be allowed to move forward."
"We cannot let this blow to the bedrock of our democracy be lost in the constant barrage of scandal, corruption, and abuse of power," said the organizations. "We have to make the story heard. It’s what '60 Minutes' would have done; it’s what the Fourth Estate is tasked with doing; it’s what Trump and the Ellisons want to prevent. Don’t let them.”
The proposed deal "would represent a direct wealth transfer—one that would further strain the already challenging economic circumstances facing New York City’s immigrant communities," said the city's mayor.
With the Trump administration refusing to take substantive antitrust action—reaching a recent deal with a meat company accused of price fixing and settling a Biden-era lawsuit that accused Live Nation of monopolizing live entertainment—New York City Mayor Zohran Mamdani is using his influential position to urge the blocking of a corporate merger that he says would harm working families across the city.
Mamdani wrote to the New York State Department of Financial Services (DFS) late last month, outlets are reporting this week, urging the state financial regulator to block Western Union's $500 million merger with International Money Express, or Intermex.
With 4.5 million users, Intermex has a small fraction of Western Union's customer base of 150 million people who use wire transfer services. But Mamdani wrote that over the past decade the smaller company has "nearly tripled its share of remittances sent from the United States"—transfers of money that immigrants send back to their families in their home countries.
"In the US-to-Ecuador and US-to-Nicaragua corridors, Intermex’s market shares are 34% and 36%, respectively," wrote the mayor, showing that it is "winning customers away from Western Union, the historic market leader."
With immigrants increasingly using remittances to secure financial stability in case they are swept up in the Trump administration's mass deportation operation, "remittances are a crucial lifeline for New Yorkers and their communities abroad," wrote Mamdani.
On social media Thursday, Mamdani added that "families shouldn’t pay the price for corporate monopolies."
He told DFS that maintaining competition between providers of the service keeps prices for families "more competitive, encourages compliance with relevant consumer protection and disclosure requirements, and incentivizes reliability."
"The proposed merger would change that. By eliminating competition between Western Union and Intermex, the deal could lead to
higher fees (including those the businesses may fail to disclose), disadvantageous rates, worse terms, poorer service, and other impacts to these communities," wrote Mamdani, who has centered his agenda as mayor on making New York City more affordable for working families. "In short, it would represent a direct wealth transfer—one that would further strain the already challenging economic circumstances facing New York City’s immigrant communities."
The mayor noted that immigrants' access to affordable remittance services are already under threat, after the Republican Party's One Big Beautiful Bill Act imposed a 1% excise tax on cash remittance transactions.
"Now, this merger threatens to impose a new private tax on these same remittances, in the form of higher, supracompetitive prices that will flow directly to Western Union’s corporate coffers," said Mamdani.
Responding to the mayor's call for the merger to be blocked, Western Union claimed in a statement to DFS this week that the companies, should they be permitted to merge, would still provide "accessible and affordable" remittance services.
The mayor cited several US Supreme Court rulings that have found corporate mergers that would substantially lessen competition to be illegal and said that despite legal precedent, "the Trump administration has declined to challenge the merger on antitrust grounds."
"But that is not where the story ends," wrote Mamdani. "Instead, the deal still requires a series of money transmitter license approvals, including from the New York State Department of Financial Services."
"The conditions for disapproval are clearly met here," the mayor continued. "The transaction is manifestly against the public
interest, as it would lead to higher fees and worse rates for hard-working, disproportionately immigrant families, across New York City and the state—all to inflate Western Union’s balance sheet."
Semafor and The New York Times suggested that the influence of former Federal Trade Commission Chair Lina Khan may have pushed the mayor to lobby DFS to reject the merger. Khan is an outside adviser to Mamdani and served as co-chair of his transition team.
While working in the Biden administration, Khan blocked and challenged major corporate mergers including Kroger's attempt to acquire Albertsons, Meta's bid to buy virtual reality app company Within, and JetBlue's proposed merger with Spirit Airlines.
Daniel Hanley, a senior legal analyst at the anti-monopoly group Open Markets Institute applauded Mamdani's decision to wade into the debate over Western Union's proposed merger.
"State and local officials can supplement law enforcement," said Hanley, "while the federal government abdicates its fiduciary responsibilities."
"Get ready for even higher prices for chicken, turkey, and pork," said one antitrust attorney.
US President Donald Trump's Justice Department moved Thursday to settle a Biden-era antitrust lawsuit against the analytics firm Agri Stats, proposing an agreement that critics say would effectively give the stamp of federal approval to meat industry price-fixing schemes.
The Justice Department—now headed by Acting Attorney General Todd Blanche, formerly Trump's personal lawyer—hailed the proposed settlement as a "historic" win over a company whose "business model directly raised the price of chicken, turkey, and pork in local grocery stores across our nation." But critics said the agreement, which must undergo review by a federal judge, would do nothing substantial to rein in price-fixing in the meat industry.
Lee Hepner, senior legal counsel for the American Economic Liberties Project, said the deal "stinks of rotting meat," noting that the settlement was proposed just days before the case was set to go to trial.
"No way does it address the harms," Hepner said of the 79-page settlement. "Agri Stats spent decades hiking prices on over 90% of processed meat in the country. Now they're being told to exercise some discretion going forward."
"It's a gut punch to those who worked on this case for four years thinking it might actually deter these price fixing services from cropping up in every other industry," Hepner added.
The Biden administration brought the antitrust lawsuit against Agri Stats in September 2023, accusing the company and its subsidiary EMI of "collecting, integrating, and distributing competitively sensitive information related to price, cost, and output among competing meat processors."
"While distributing troves of competitively sensitive information among participating processors, Agri Stats withholds its reports from meat purchasers, workers and American consumers, resulting in an information asymmetry that further exacerbates the competitive harm of Agri Stats’ information exchanges," the Biden DOJ said.
"This settlement legalizes meat price-fixing—it just says you have to bring the giant retailers and distributors in on the game."
The Trump Justice Department's settlement would require Agri Stats to "make the vast majority of information" it distributes "available to all interested domestic purchasers on reasonable and non-discriminatory terms," along with several other conditions.
But the settlement states that EMI is not otherwise "prohibited... from continuing to provide EMI Price Reports in substantially the same manner as it did as of April 24, 2026."
Agri Stats noted in a statement Thursday that it "denied all allegations" of illegal conduct and "has admitted no wrongdoing" as part of the settlement. Agri Stats' lead counsel in the case called the deal "a win" for both the company and consumers—a claim that antitrust advocates rejected, calling the agreement blatantly one-sided in the corporation's favor.
"This settlement legalizes meat price-fixing—it just says you have to bring the giant retailers and distributors in on the game," wrote Basel Musharbash, managing attorney at Antimonopoly Counsel. "Get ready for even higher prices for chicken, turkey, and pork."
The proposed Agri Stats settlement is the latest favorable deal that Trump's Justice Department—which is in the grip of lobbyists with ties to the president—has cut with a major corporation accused of illegal price-fixing.
Last November, as Common Dreams reported, the Justice Department agreed to settle a Biden-era lawsuit filed against the real estate software company RealPage, which was accused of an "unlawful scheme to decrease competition among landlords in apartment pricing and to monopolize the market for commercial revenue management software."
RealPage welcomed the settlement, noting that the agreement included "no financial penalties, damages, or findings or admissions of wrongdoing."