Sen. Amy Klobuchar calls on Justice Department to probe Amazon-MGM deal
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On Tuesday, Amazon announced that it had reached a deal to purchase the film and TV goliath MGM for $8.45 billion — and leading antitrust figures in Congress aren’t happy. In a letter today, Sen. Amy Klobuchar (D-MN) sounded the alarm over the size and scope of the deal, calling on the Justice Department to investigate the acquisition before it finalizes.
“This is a major acquisition that has the potential to impact millions of consumers,” the senator said in a statement Wednesday. “The Department of Justice must conduct a thorough investigation to ensure that this deal won’t risk harming competition.” Klobuchar chairs the committee tasked with overseeing competition in digital markets in the Senate.
The Justice Department did not…