Elizabeth Warren says Amazon-MGM deal requires ‘meticulous antitrust scrutiny’ in letter to FTC
June 30, 2021 at 9:26 am
Elizabeth Warren tries to guess which billionaire’s face she is holding up during a game last year on “The Late Show With Stephen Colbert.” (YouTube screengrab)
In a letter sent to Federal Trade Commission Chair Lina Khan, Sen. Elizabeth Warren asserted that Amazon’s billion-dollar bid for MGM might harm consumers and extend Amazon’s market dominance beyond an acceptable level.
The letter, first published in The Verge, outlined the senator’s concerns about the online retail giant’s power in streaming and entertainment services with Prime Video in addition to its market dominance in other online areas and overall competitive voraciousness.
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