Justice Dept.: 2 Warner Bros. Discovery Directors Resign After Justice Department Expresses Antitrust Concerns
April 03, 2024
April 03, 2024
WASHINGTON, April 3 -- The U.S. Department of Justice issued the following news release on April 2, 2024:
The Justice Department announced today that two directors of Warner Bros. Discovery Inc. (WBD) have resigned from the WBD board after the Antitrust Division expressed concerns that their positions on both the WBD and Charter Communications Inc. boards violated Section 8 of the Clayton Act (Section 8). Section 8, which Congress made a per se violation of the antitrust laws, prohi . . .
The Justice Department announced today that two directors of Warner Bros. Discovery Inc. (WBD) have resigned from the WBD board after the Antitrust Division expressed concerns that their positions on both the WBD and Charter Communications Inc. boards violated Section 8 of the Clayton Act (Section 8). Section 8, which Congress made a per se violation of the antitrust laws, prohi . . .