Federal Trade Commission VS Amazon


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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