Mergers & Acquisitions Mergers & Acquisitions

Open Markets Institute calls on Biden administration to block Amazon's takeover of MGM

By Curtis Eichelberger
  • 26 May 2021 17:00
  • 26 Aug 2021 16:46
Statement follows in full. 

Biden Administration Must Block Amazon's Monopolistic Ploy to Take Over MGM

WASHINGTON -- Tech giant Amazon announced plans to acquire movie and television studio MGM for $8.45 billion today.

In response, Barry Lynn, executive director of Open Markets Institute, issued the following statement:

“In announcing plans to buy MGM, Jeff Bezos

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