Two Warner Bros. Discovery Directors Resign after Justice Department Expresses Antitrust Concerns

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Summary:

The Department of Justice's Antitrust Division has taken action to prevent antitrust violations. The Summons and Agreements to Maintain Competition (SMC) program was put in place to address concerns that companies with shared directors would not compete vigorously. The Antitrust Division has taken steps to enforce antitrust laws and has issued summary judgments against multiple companies, including WBD and Charter. These companies have been found to have engaged in certain activities that potentially violate the Clayton Act. The Department encourages anyone with information about similar violations to contact the Antitrust Division's Citizen Complaint Center.