Labor Union Coalition Urges FTC to Reject Amazon’s $8.5 Billion MGM Deal

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A group of four major labor unions representing almost 4 million workers is urging the Federal Trade Commission to block Amazon’s proposed acquisition of MGM. In a 12-page letter sent Wednesd…

, the unions’ Strategic Organizing Center argued Amazon’s $8.45 billion takeover of MGM should be blocked to prevent Amazon from amassing more power in the entertainment industry and exploiting that through anticompetitive business practices.

The SOC represents four affiliated unions: the Service Employees International Union , the International Brotherhood of Teamsters, the Communications Workers of America and the United Farmworkers. requested that FTC chair Lina Khan, an outspoken critic of Amazon and other tech giants, recuse herself from antitrust reviewsIn May, Amazon announced a definitive agreement to acquire MGM and its library of 4,000 movies and 17,000 TV shows, including the storied James Bond film franchise.

 

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Should they reject it? Absolutely. Will they reject it? Absolutely not considering nobody rejected Disney gobbling down Fox entertainment

Don’t F’ing do it!!!!

Would these people rather have MGM go out of business? Ridiculous.

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