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The Paramount Settlement Started With Trump

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The Paramount Settlement Started With Trump This article originally appeared at The Sling, a source for economic analysis and competition policy research. We are witnessing the collapse of antitrust enforcement at the federal level under the second Trump administration. State enforcers have attempted to fill the void. But absent a muscular federal cop on the beat, state efforts will often be in vain. The exceedingly weak settlement between Paramount and the states, announced on Monday by the attorney general of California, illustrates this dynamic. In return for dropping their merger challenge, the states secured the creation of an editorial board, appointed by Paramount CEO David Ellison, to monitor the content of CBS and CNN. In other words, the states got nothing.
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