Federal Trade Commission VS Amazon

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Federal Trade Commission is pursuing an antitrust lawsuit that was intended to block Amazon from purchasing MGM Entertainment. That ended up not stopping the deal from going through; as of today March 17th, Amazon owns MGM – the lawsuit comes out of fear of the e-commerce giants growing global dominance.

It’s speculated that, although a win for amazon, the bigger battle may still be coming for the global giant.

submitted by /u/LifesACircle
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