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    Paramount Pictures Studios in Los Angeles, on April 28, 2026. John Fredricks/The Epoch Times

    The UK’s competition regulator has formally launched an investigation into Paramount Skydance’s proposed $110 billion acquisition of Warner Bros. Discovery.

    The Competition and Markets Authority (CMA) said on June 9 that it had launched phase one of a merger inquiry into the planned acquisition. The regulator has set Aug. 7 as the deadline for its preliminary decision on whether to clear the transaction or conduct a more detailed investigation.

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