Trump says if Netflix buys Warner Bros. its market share 'could be a problem'

After Netflix announced that it was acquiring Warner Bros. Discovery last week, observers immediatley wondered when or if the deal could obtain regulatory approval. Now, President Trump has made comments indicating that said approval is likely to take awhile if it happens at all, Bloomberg reported.

"Well, that’s got to go through a process, and we’ll see what happens," Trump told reporters in a recent Q&A scrum. "But it is a big market share. It could be a problem." The President added that he will be personally involved in the approval process.

As we pointed out last week, Netflix and HBO Max combined would account for around 33 percent of the US streaming video market, ahead of Prime Video's 21 percent share and likely enough to attract the antitrust division of the US Justice Department. For its part, Netflix has said that it will "maintain ...