Two directors of Warner Bros Discovery (WBD) have resigned after the US Department of Justice (DoJ) on Monday expressed concerns over a possible antitrust violation.
The department said the pair were also directors of a competing media company, Charter Communications. This potentially violated a law that prohibits directors from serving on boards of competitors.
Both WBD and Charter provide video distribution services to customers.
"Today’s announcement is a win for consumers," Deputy Assistant Attorney General Michael Kades of the DoJ's Antitrust Division said.
"In enacting Section 8 of the Clayton Act, Congress was concerned that competitors who shared directors would compete less vigorously to provide better services and lower prices," Kades said.
"We will continue to vigorously enforce the antitrust laws when necessary to address overreach by corporations and their designated agents."
Steven Miron and Steven Newhouse had resigned effective immediately, WBD said in a statement.
"Miron and Newhouse informed WBD that, without admitting any violation, and in light of the changing dynamics of competition in the entertainment industry, they elected to resign rather than to contest the matter."
Newhouse said in the statement the pair were proud to have played a role in the building of the company.
"We are disappointed to leave the Board, but wish to do the right thing for WBD."