
The WGA's Antitrust Gambit: Can Writers Block Netflix-WBD?
Writers Guild seeks to block Netflix-WBD merger — Labor unions are the new antitrust regulators. The WGA is petitioning the FTC to halt the $72 billion merger. In this episode of The Option, we analyze: The WGA's antitrust argument: why vertical integration hurts labor markets The shift from "consumer harm" (prices) to "labor harm" (wages) in regulatory philosophy Why this merger creates a monopsony for screenwriters and producers The strategic endgame: blocking the deal vs. extracting concessions What this means for the future of M&A approvals Key takeaway: The WGA knows they probably can't…
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