03:18 PM EST, 02/06/2026 (MT Newswires) -- Netflix ( NFLX ) is being investigated by the US Department of Justice to determine whether it has engaged in anti-competitive practices that could constitute a monopoly following its proposed acquisition of Warner Bros. Discovery's ( WBD ) studios and HBO Max streaming service, The Wall Street Journal reported on Friday, citing a civil subpoena.

The Department of Justice's investigation is still in its early stages, and a review may take up to a year, according to the report. Antitrust enforcers can also sue to block any deal that may reduce competition, the report added.

The Department of Justice is also reviewing Paramount Skydance's ( PSKY ) acquisition offer, which Warner Bros. Discovery's ( WBD ) board rejected earlier, the report said.

Netflix ( NFLX ), Warner Bros. Discovery ( WBD ) and Paramount Skydance ( PSKY ) didn't immediately respond to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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