WGA, Teamsters & Other Unions Urge FTC to Contest Amazon-MGM’s Done Deal; Regulator Says It Can Challenge Mergers “Any Time”
'No Time To Die' - the MGM Bond franchise is now Amazon's Nicola Dove The Writers Guild of America West and a coalition of unions launched another salvo against Amazon - MGM , urging antitrust watchdog, the Federal Trade Commission, to contest the deal even though it officially closed last week . Their letter to the FTC today focused in part on Amazon’s acquiring MGM-owned Epix , taking out a producer and nascent streaming service, and it hit on previous arguments that the FTC must prevent Amazon from “consolidating power across the entertainment industry, reducing consumer choice and harming the creative workforce.” “We strongly believe that this is an instance where the FTC must challenge a deal post-merger, because of the outsized role Amazon plays in our economy overall and how the merger would enhance Amazon’s ability to leverage its power against workers in the entertainment indu