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Unions pressure FTC to reject Amazon purchase of MGM Studios

Unions pressure FTC to reject Amazon purchase of MGM Studios

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Four big unions, including the Service Employees International Union and the Teamsters, urged the US Federal Trade Commission on Monday to oppose Amazon’s plan to buy Metro-Goldwyn-Mayer Studios, saying it would reduce competition in the streaming video market. Amazon announced the $8.45 billion deal in May, saying the purchase of the fabled US movie studio,.

...read full article on New York Post

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