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FTC Launches MGM Acquisition Survey on Amazon: Report

Image courtesy of FTC Launches MGM Discovery Search on Amazon: Report

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The Federal Trade Commission is launching an investigation into Amazon almost $ 8.5 billion call to find MGM games, Note Friday.

FTC, recently led by an Amazon spokesman Lina Khan, which will investigate “significant implications for the electronics market in the Amazon,” two experts told the newspaper. According to the press release, the council is concerned that the merger “it illegally promotes Amazon’s opportunity to offer a wide range of products and services, and it does more than just create and distribute products. ”

Mu Hello, Amazon has announced that had arrived MGM purchasing agreement, in addition, free video streaming and a TV library. About $ 8.45 billion, that’s right One of the biggest acquisitions of Amazon to date, second only to $ 13.7 billion from Whole Foods in 2017.

Obviously, gand Amazon a reputation yes Anti-grievance lawsuits. The program of The Wall Street Journal confirmed these rumors June 22nd, to say that the FTC research of integration was in action. Shortly later, Senator Elizabeth Warren of Massachusetts he called FTC to re-evaluate the potential “conflict results ”could have a negative effect on existing entertainment and Amazon Breaking into other markets, he wrote in a letter to Khan addressed by almost.

These research could be a new push in government cases to deal with large American companies. Earlier Friday, President Joe Biden signed various monitoring its aim is to promote competition in the US economy – particularly in Silicon Valley. That urges the FCC to reconsider neutrality standards For Broadband manufacturing companies and re-launch the controversy restrictions that compel consumers to do so depending on the manufacturers repair their weapons. Big Tech Solution Campaign they are also received support from the bipartisan in Congress, which was recently launched new antitrust rules its purpose reducing their power and increasing competition in the market.


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