Amazon’s proposed merger with MGM is facing a lengthier probe before the Federal Trade Commission, as lawmakers call for careful scrutiny of the $8.5 billion deal. The Information, citing unn…
is facing a lengthier probe before the Federal Trade Commission, as lawmakers call for careful scrutiny of the $8.5 billion deal.investigation and that its review could take six months or more. Reuters also confirmed the extended probe.
The FTC’s new chairwoman, Lina Khan, has been a critic of Amazon, authoring an article for the Yale Law Journal that called for looking beyond consumer welfare when looking at mergers. :As Amazon continues both to deepen its existing control over key infrastructure and to reach into new lines of business, its dominance demands the same scrutiny,” she
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