Published 2 years ago

Amazon wins EU antitrust nod for $8.5 bln MGM deal

Summary by Ground News

The European Commission said the deal would not pose competition concerns in Europe. The U.S. Federal Trade Commission has a mid-March deadline to decide on the deal. The deal would boost Amazon’s video streaming service and attract people to subscribe to Amazon Prime.

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Reuters

Amazon wins EU antitrust nod for $8.5 bln MGM deal

Amazon on Tuesday gained unconditional EU antitrust approval for its proposed $8.5 billion acquisition of U.S. movie studio MGM to help it to compete with streaming rivals Netflix and Disney+ .

2 years ago·United Kingdom

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Channel News Asia

Amazon wins EU antitrust nod for $8.5 billion MGM acquisition

BRUSSELS : Amazon on Tuesday gained unconditional EU antitrust approval for its proposed $8.5 billion acquisition of U.S. movie studio MGM, a move that will help it better compete with streaming rivals Netflix and Disney+.The European Commission said the deal would not pose competition concerns in Europe,

2 years ago·Singapore

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IBTimes

Amazon Wins EU Antitrust Nod For $8.5 Billion MGM Deal

Amazon on Tuesday gained unconditional EU antitrust approval for its proposed $8.5 billion acquisition of U.S. movie studio MGM to help it to compete with streaming rivals Netflix and Disney+. The European Commission said the deal would not pose competition concerns in Europe, confirming a Reuters story on March 9. The EU competition enforcer said it had looked into overlaps between the world's largest online retailer and MGM in audio-visual con…

2 years ago·United States

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Variety

Amazon’s $8.5 Billion MGM Deal Wins Clearance by EU, Which Says Studio’s Content ‘Cannot Be Considered as Must-Have’

The European Union’s antitrust regulator “unconditionally” approved Amazon’s proposed $8.5 billion acquisition of MGM, in part because “MGM’s content cannot be c…

2 years ago·Los Angeles, United States

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OAN

Amazon wins EU antitrust nod for $8.5 billion MGM deal

By Foo Yun Chee BRUSSELS (Reuters) -Amazon on Tuesday gained unconditional EU antitrust approval for its proposed $8.5 billion acquisition of U.S. movie studio MGM to help it to compete with streaming

2 years ago·San Diego, United States

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