and Amazon Studios, and we look forward to working together to create even more opportunities to deliver quality storytelling to our customers,” said Mike Hopkins, senior vice-president of Prime Video and Amazon Studios, in a blog post published on Thursday morning.
On Thursday, Amazon said the deal had closed, signalling that the US’s Federal Trade Commission , led by noted Amazon critic Lina Khan, had declined to delay or block the acquisition. It temporarily limits the power of Khan, a Biden appointee, to achieve the goal of reining in not just Amazon, but tech peers such asOnce a full board is in place, the FTC could retrospectively challenge the Amazon-MGM deal in court, a move it is preparing, according to a previous report by tech publication The Information. The FTC declined to comment.
Last year Amazon sought to have Khan recuse herself from investigations involving the company, citing her previous work and criticism of the ecommerce giant. However, Khan refused to step aside, saying she met none of the financial or personal conflicts that would form the basis for a recusal.
Weak. Bezos not at Amazon anymore..