Elizabeth Warren calls for ‘meticulous’ antitrust review of Amazon-MGM merger

Sen. Elizabeth Warren called for “meticulous antitrust scrutiny” of Amazon’s $8.5 billion acquisition of MGM Studios, warning that it could crush competition.

“Amazon’s proposed acquisition of Metro-Goldwyn-Mayer Studios (MGM) could harm consumers and workers and reduce innovation by inhibiting competition in numerous markets,” the Massachusetts Democrat wrote in a Tuesday letter to Federal Trade Commission Chair Lina Khan. The newly confirmed FTC head, a renowned big tech opponent, is already reportedly investigating the transaction, Amazon’s biggest acquisition since it bought Whole Foods for $13.7 billion in 2017.