Haley Bosselman editorAmazon’s 8.45 billion purchase of MGM is inciting concerns from the federal government.“This is a major acquisition that has the potential to impact millions of consumers,” Sen.
Amy Klobuchar (D-MN) said in a statement. “The Department of Justice must conduct a thorough investigation to ensure that this deal won’t risk harming competition.”Amazon and MGM announced the definitive merger agreement earlier this morning, which would transfer over 4,000 movies and 17,000 shows to Amazon’s catalogue and would include properties like the “Legally Blonde,” “Silence of the Lambs,” “Rocky” and the James Bond franchise.
Read more on variety.com