Settlement means ending a lawsuit by agreement rather than by verdict. Paramount and the California Attorney General's office are reportedly planning to meet Monday to discuss whether that outcome is possible, in connection with the state's antitrust suit over Paramount's deal with Warner Bros. Discovery.
Antitrust law governs whether corporate combinations reduce competition. California's attorney general filed suit under those rules to challenge Paramount's planned deal with Warner Bros. Discovery.
The reported meeting is a step, not a resolution. Both parties are reportedly prepared to sit down Monday with settlement as the stated topic, though neither company has publicly confirmed the plan. No terms from either side have been reported.
Monday is the next milestone. The antitrust case remains active until then.