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The hypocrisy behind California AG Rob Bonta’s political bid to put the Paramount merger on hold
New York Post • • business
Key Points:
- California Attorney General Rob Bonta is leading an antitrust lawsuit to block Paramount's $81 billion acquisition of Warner Bros. Discovery, despite the deal being approved by multiple regulatory bodies including the US, EU, and UK.
- Actor Mark Ruffalo has vocally opposed the merger, circulating petitions and making controversial statements linking Paramount's owners, the Ellison family, to alleged support for Israeli actions in Gaza, which many view as inflammatory and bigoted.
- Critics argue Bonta's case is legally weak, given both companies face significant challenges and competition from larger tech firms like Netflix and Amazon, and suggest his actions are politically motivated as he seeks higher office.
- Ruffalo's incendiary remarks have drawn condemnation, yet Bonta has remained silent on this aspect, raising concerns over his impartiality and priorities as California's chief legal officer.
- Observers note Bonta's focus on this high-profile antitrust case contrasts with pressing state issues such as homelessness, wildfires, and crime, leading to criticism of his political agenda over public service.
