Co-CEO of Netflix Ted Sarandos is set to testify Tuesday before a Senate panel looking into how the streaming giant’s proposed $72 billion takeover of Warner Bros. Discovery would affect competition in the streaming segment of the entertainment industry.

Sarandos will testify alongside Warner Bros. chief revenue strategy officer Bruce Campbell as executives face questions about the competitive impact of the proposed merger before the Senate Judiciary Committee’s Subcommittee on Antitrust, Competition Policy and Consumer Rights.

While Congress doesn’t have the authority to block or delay the merger, the hearing will give lawmakers a chance to hear from companies about how it would affect competition among streaming platforms, as well as workers and consumers.

yes The Netflix offer because Warner Bros. If Discovery succeeds, the streaming service would have access to WBD’s film and television studios, the HBO Max streaming service, as well as a content library that includes “Game of Thrones,” “Harry Potter,” as well as DC Comics superheroes Batman and Superman.

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Netflix co-CEO Ted Sarandos will testify about the company’s pending acquisition of Warner Bros Discovery. (David Benito/FilmMagic)

Sen. Mike Lee, R-Utah, who chairs the subcommittee holding the hearing, has been critical of the deal, questioning whether Netflix intends to move forward with it or whether it wants to inhibit competition during what could be a lengthy antitrust review.

The agreement is currently under review by the Department of Justicewhile Paramount Skydance is pursuing a hostile bid after the board of Warner Bros. Discovery rejected his offer in favor of Netflix’s offer.

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Paramount argues that it will have a more favorable path regulatory approvalalthough Warner Bros. Discovery has noted that the company would have to take on debt to finance the deal.

Sources close to Netflix have noted that a acquisition of Warner Bros. Discovery of Paramount would also reduce the number of studios, decreasing competition in the space.

Netflix has cited statistics from media analytics firm Nielsen to prove this YouTube by Google has a larger share of viewing time on TVs in US households than other streaming services like itself. Antitrust experts have noted that the DOJ review may focus on subscription-based streaming services that are more akin to Netflix.

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Warner Bros. Discovery plans to continue with its merger deal with Netflix. (Mario Tama/Getty Images/Getty Images)

Last month, the board of Warner Bros. Discovery voted unanimously to reject Paramount’s offer, and the chairman of the board of Warner Bros. Discovery’s Samuel Di Piazza Jr. said that “Paramount’s latest offer remains inferior to ours merger agreement with Netflix in multiple key areas.”

“Paramount’s offer continues to provide insufficient value, including terms such as an extraordinary amount of debt financing that creates closing risks and a lack of protections for our shareholders if a transaction is not completed,” Di Piazza continued. “Our binding agreement with Netflix will deliver superior value with greater levels of certainty, without the significant risks and costs that Paramount’s offer would impose on our shareholders.”

Paramount’s bid for Warner Bros Discovery was rejected by the board. (Mario Tama/Getty Images)

Netflix revised its bid for Warner Bros. Discovery last month in an all-cash offer priced at $27.75 per share, valuing the deal at $72 billion, giving it an enterprise value of $82.7 billion.

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Paramount’s bid amounts to an enterprise value of $108 billion and includes additional assets such as Warner Bros.’ cable business. Discovery.

Reuters contributed to this report.