How does this work? I assume there would be one parent company at the end and if that's an American company what does any other country can say about it? Sure if they incorporated a child company there they might interfere, but they could also just close the company to deal with the situation and go forward with the merger.
If a US company operates in a different country as well, it has to abide by the laws of that country, or leave it. For example, Adobe's acquisition of Figma was blocked by the UK and EU regulators, despite them both being US companies headquartered in San Francisco. They could have chosen to leave the UK and EU markets entirely, in which case their merger would have been able to proceed, but they wouldn't have been able to sell anything to UK/EU citizens.
Considering the words they're using across the announcement, it seems they're well aware what this will trigger, everything seems carefully chosen so someone can later point at this announcement and say "See, we think this will add MORE user choice, not less, which is good for competition!".
It is not a lie though. WB content is not globally available, Netflix content is.
I for one, welcome access to stuff that WB has been sitting on without letting me pay them for it.
It is a lie. You are holding on a possible short time gain while ignoring history proven long-term harm of reduced competition, which will lead to higher prices, less innovation, and fewer choices for consumers.
USA anti-trust process is a joke, it is shame that so many company with global footprint relies on that.
> WB content is not globally available, Netflix content is.
Neither are "globally available" as "globally" includes countries that are currently under US embargo, and both those companies are US companies who (supposedly) follow US law.
What you're welcoming isn't "I didn't have access before, now I do!" but rather "I could give Company A money to see this, now I can give company B money to see the same!" which I guess you're happy about, but other's obviously see it for what it is, no practical change except for shareholders.
Great re-iteration of my point :) Written for anti-trust regulators, intentionally misusing the words they'd use, but with very different meaning. Hopefully professionals will see through their thin veil.