Unions pressure FTC to reject Amazon purchase of MGM Studios

By Gotham Rex on November 22, 2021

Four big unions, including the Service Employees International Union and the Teamsters, urged the US Federal Trade Commission on Monday to oppose Amazon’s plan to buy Metro-Goldwyn-Mayer Studios, saying it would reduce competition in the streaming video market. Amazon announced the $8.45 billion deal in May, saying the purchase of the fabled US movie studio,…
Source: NY Post click here for more…