Matt Tabas Discusses DOJ Review of Netflix–Warner Bros. Deal with Bloomberg Law

Matthew Tabas, Arnold & Porter Antitrust partner and former counsel to the director in the U.S. Federal Trade Commission’s Bureau of Competition, was quoted in a recent Bloomberg Law article, “Netflix-Warner Bros. Deal Reviewers Ask What Makes a Market,” which detailed how the U.S. Department of Justice (DOJ) will review Netflix’s proposed $82.7B acquisition of Warner Bros. Discovery Inc.

Matt explained that, given the transaction’s high profile, the DOJ Antitrust Division is likely to conduct a thorough investigation of the deal.

“Market definition remains a key piece of the analysis that they would undertake,” he said. “They’ve wanted to do their due diligence in part because of how high-profile the transactions are.”

He also noted that it’s difficult to predict whether the DOJ will ultimately challenge the deal but emphasized the Department’s focus on the industry.

“It’s in an industry sector that the DOJ has really kicked the tires on and wants to investigate,” Matt added.

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