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The Business Of Binge-Watching: Platform Power And The Netflix–Warner Bros. Merger




Meher Srivastava, National Law Institute University, Bhopal


ABSTRACT


The acquisition of Warner Bros.’ by Netflix raises important questions for the application of Indian competition law to digital entertainment markets. In the over-the-top sector, competitive advantage is increasingly shaped by control over content, data, and distribution, rather than by price alone. The transaction is assessed under the Competition Act, 2002, with particular attention to the jurisdictional requirements for combinations and the framework for evaluating appreciable adverse effects on competition under Sections 6 and 20.


The analysis situates the merger within the structure of India’s OTT market and examines how the integration of a leading streaming platform with a major content producer may alter competitive conditions across interconnected segments of the audiovisual value chain. It evaluates the significance of premium content ownership, vertical integration, and platform-based characteristics for merger assessment, while recognising that competitive effects may emerge progressively rather than immediately. Attention is also given to the interaction between subscription-based streaming services, advertising-supported models, and theatrical distribution, and to the implications of this interaction for market access and competitive constraints.


Drawing on the statutory factors set out in Section 20(4) of the Competition Act and recent merger control practice of the Competition Commission of India, the discussion highlights the challenges involved in assessing non- price dimensions of competition in data-intensive platform markets. It suggests that reliance on traditional structural indicators alone may be insufficient to capture the full range of competitive risks associated with such transactions.


Keywords: OTT Platforms; Platform Power; Algorithmic Foreclosure; Merger Control



Indian Journal of Law and Legal Research

Abbreviation: IJLLR

ISSN: 2582-8878

Website: www.ijllr.com

Accessibility: Open Access

License: Creative Commons 4.0

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All research articles published in The Indian Journal of Law and Legal Research are fully open access. i.e. immediately freely available to read, download and share. Articles are published under the terms of a Creative Commons license which permits use, distribution and reproduction in any medium, provided the original work is properly cited.

 

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The opinions expressed in this publication are those of the authors. They do not purport to reflect the opinions or views of the IJLLR or its members. The designations employed in this publication and the presentation of material therein do not imply the expression of any opinion whatsoever on the part of the IJLLR.

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