Two directors of Warner Bros resign over possible antitrust violation
Two directors of Warner Bros Discovery (WBD) have resigned after the US Department of Justice (DoJ) on Monday expressed concerns over a possible antitrust violation. The department said the pair were also directors of a competing media company, Charter Communications. This potentially violated a law that prohibits directors from serving on boards of competitors. Both WBD and Charter provide video distribution services to customers. "Today’s announcement is a win for consumers," Deputy Assistant Attorney General Michael Kades of the DoJ's Antitrust Division said. "In enacting Section 8 of the C...