US president Donald Trump has said a deal struck by Netflix to buy Warner Bros Discovery “could be a problem” due to its combined market share, just days after the pair announced the 72 billion US dollar (£54 billion) mega deal.

Mr Trump confirmed he would be involved in the decision about whether the US federal government should approve the takeover.

US streaming giant Netflix said last Friday it had agreed to buy the Warner Bros Discovery film and TV studios business in a move that could dramatically reshape the established Hollywood film and TV industry, which has already faced significant upheaval amid the rapid growth of streaming.

It followed an auction process in which Netflix was the front-runner to buy the business, which owns HBO, streaming service HBO Max and franchises such

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