Prove or disprove
$\exists L_{1},L_{2}\subseteq\Sigma^{*}:\quad L_{1}\ne L_{2}\wedge\overline{L_{1}\cdot L_{2}}=\overline{L_{1}}\cdot\overline{L_{2}} $
Where $\cdot$ means concatenation, and over line is complement. Also, Let $\Sigma=\{a,b\}$.
Prove or disprove
$\exists L_{1},L_{2}\subseteq\Sigma^{*}:\quad L_{1}\ne L_{2}\wedge\overline{L_{1}\cdot L_{2}}=\overline{L_{1}}\cdot\overline{L_{2}} $
Where $\cdot$ means concatenation, and over line is complement. Also, Let $\Sigma=\{a,b\}$.
It is possible. Hint: Let $L_1=a^*, L_2=\Sigma^*$. Fill in the details.
A good starting point is to try to find languages and apply them to your formula, in attempt to satisfy it.
Try first very simple languages, such as $\emptyset$, $\Sigma^*$, or $\{a\}$. If they don't work out, try more complex ones that fix the 'flaws' the simple languages had.
If it feels impossible to find languages that satisfy the formula, it might just be impossible.