The European Union is set to clear Paramount Global’s $111 billion acquisition of Warner Bros.
Discovery, removing the last significant regulatory obstacle to the landmark media merger.
The decision follows months of intense antitrust scrutiny across multiple jurisdictions, with regulators examining the deal's impact on global content markets and streaming competition.
The European Commission had previously launched a formal investigation into the financial architecture of the proposed transaction, according to earlier reports.
Brussels focused on whether the combined entity would wield excessive market power in film distribution and subscription video-on-demand services.
The impending clearance suggests regulators have been satisfied with remedies or market conditions that mitigate these concerns.