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Sen. Warren calls for 'meticulous' review of Amazon's MGM acquisition

Sen. Warren calls for ‘meticulous’ review of Amazon’s MGM acquisition
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Senator Elizabeth Warren is calling on the Federal Trade Commission for a thorough review of Amazon’s bid to acquire MGM, arguing that the deal could harm consumers and may have anticompetitive effects in the streaming space and beyond.
The Verge, Warren urged the FTC to specifically and closely examine “the possible anticompetitive effects this deal will have on streaming services and entertainment products in addition to the broader impacts that this transaction may have on workers, small businesses, and competition overall as Amazon which already dominates numerous markets accelerates its aggressive monopolistic behavior.” ....

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Jeff Bezos Officially Steps Down as Amazon CEO on July 5, Handing Position to Andy Jassy | $8.45B MGM Acquisition Pulls Through

Jeff Bezos officially steps down as Amazon CEO with Andy Jassy to take his place. Meanwhile, Amazon acquires MGM and its assets for $8.45 billion! ....

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Amazon to acquire iconic Hollywood studio MGM for 8.45 bln USD--China Economic Net

Amazon to acquire iconic Hollywood studio MGM for 8.45 bln USD--China Economic Net
en.ce.cn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from en.ce.cn Daily Mail and Mail on Sunday newspapers.

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Amazon to acquire MGM Studios for $8.45 billion

The e-commerce and tech monopoly Amazon announced Wednesday it would purchase the historic MGM Studios as part of the ongoing merger and consolidation of the entertainment content and video streaming industries. ....

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Roundup: Amazon to acquire iconic Hollywood studio MGM for 8.45 bln USD

LOS ANGELES, May 26 (Xinhua) U.S. e-commerce giant Amazon announced Wednesday it will acquire Metro-Goldwyn-Mayer (MGM), one of the most iconic Hollywood stu ....

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