Paramount may leave California over antitrust enforcement, lawyer says
Summary
Paramount's chief legal officer said the company’s CEO is thinking about moving the company out of California. This is because the state government is increasing its antitrust investigations of the media company.Key Facts
- Paramount’s chief legal officer is Makan Delrahim.
- Delrahim spoke at Politico’s California Agenda: Sacramento Summit.
- Paramount faces more antitrust scrutiny from California’s state government.
- The CEO of Paramount is considering leaving California due to this scrutiny.
- Delrahim said the CEO still wants to be committed to California but is open to leaving if necessary.
- Antitrust scrutiny means the government is concerned about possible unfair business practices.
- No official decision to leave California has been announced yet.
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