Justice Department casts wide net on Netflix’s business practices in merger probe

The Justice Department is investigating whether Netflix has engaged in anticompetitive tactics as it probes the streaming giant’s proposed acquisition of Warner Discovery’s studios and HBO Max streaming service, according to a civil subpoena viewed by The Wall Street Journal.

Questioning how Netflix competes with rivals suggests the department is looking at whether its planned Warner deal could entrench its market power, or lead to a monopoly in the future. U.S. law gives enforcers broad power to oppose mergers that could lead to a monopoly.   

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