Why a 1963 bank case should not decide the Paramount/Warner deal
In United States v. Philadelphia National Bank, the Supreme Court blocked two banks from merging at a time when the market was simple to measure.
In United States v. Philadelphia National Bank, the Supreme Court blocked two banks from merging at a time when the market was simple to measure.
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Why it matters
This is a legal commentary on the relevance of a 1963 bank merger case to a current media merger, which is a niche regulatory-legal debate with limited direct impact on credit markets or financing conditions.
Sources
Fortune
Why a 1963 bank case should not decide the Paramount/Warner deal
In United States v. Philadelphia National Bank, the Supreme Court blocked two banks from merging at a time when the market was simple to measure.