Former California AG Bill Lockyer Offers A Dumb And Lazy Defense Of The Paramount Warner Bros Merger

Former California AG Bill Lockyer Offers A Dumb And Lazy Defense Of The Paramount Warner Bros Merger

There’s just an exhaustingly long list of reasons why the $111 billion planned acquisition of Warner Brothers by Larry Ellison and Paramount is very, very bad. Bad for consumers, bad for labor, bad for journalism, bad for democracy, and bad for markets. For one thing, it’s financed by a bunch of murderous overseas autocrats. The massive debt load from deals like this always result in mass layoffs, higher prices for consumers, and corner cutting,…