Source: The Verge - All Posts
Amazon’s purchase of MGM for $8.45 billion is complete, without a public response from the FTC on whether or not it will challenge the deal. Reports have suggested for months that the FTC was considering a challenge, and The Wall Street Journal noted earlier this month that Amazon certified it had given the FTC all necessary information, setting a mid-month deadline that it would close the deal, with or without a response from the agency and its new leader, Lina Khan.
After initially declining to comment on the deal’s closure, the FTC did send a statement to The Verge. The FTC’s office of public affairs director, Lindsay Kryzak, says “The FTC does not comment on any particular matters. However, we reiterate that the Commission does not...
