The Business Times
business-time-50
THE BOTTOM LINE

Netflix’s Warner Bros Discovery bid is an antitrust drama without a villain

Expect lawyers to home in on the definition of ‘relevant market’ that best suits their argument

Summarise
google-preferred-sourceAdd BT as a preferred source
阅读简体中文版 (beta)
    • In a rational world, what matters is whether consumers risk being worse off if Netflix boosts its market share.
    • In a rational world, what matters is whether consumers risk being worse off if Netflix boosts its market share. PHOTO: AFP

    John Foley

    Published Wed, Dec 10, 2025 · 06:29 PM

    SUPERMARKETS, bank branches, best-selling books, barrels of oil – these are just a few of the markets that have vexed competition lawyers and judges over the decades.

    The battle for US media empire Warner Bros Discovery (WBD) will pose a whole new set of questions – with no easy answers – about the way households parcel out their TV spending and their brain space.

    Netflix’s US$72 million bid for WBD was trumped on Monday (Dec 8) by a rival cash offer from Paramount Skydance.

    NetflixM&AParamountantitrust

    TRENDING NOW

    Eugene Lai (left) says that he was sharing a view with Tan Chian Khong that the board needed a refresh and that it was not an explicit direction to resign.

    CSE Global independent director quits after clashes with chairman Eugene Lai over board refresh

    Some industry watchers wonder if Orchard Road can hold its own next to competing retail destinations, both global and local.

    What’s wrong with Orchard Road? Experts weigh in on the street’s cachet and its future

    Siranudh Scott had caused an internet sensation with a video accusing his brother of allegedly abusing him during his childhood years.

    ‘I felt like dying’: Thai Singha beer scion speaks up after disclosure of alleged sexual abuse

    The exterior (left) and interior (right) views of Waterwall House, featuring glass interfaces, open voids, split levels and raw concrete walls.

    Rare brutalist Singapore house opens to the public before changing hands

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More