Image: Metro Goldwyn Mayer
Amazon’s purchase of MGM for $8.45 billion is complete, without a public response from the FTC on whether or not it will challenge the deal. Reports have suggested for months that the FTC was considering a challenge, and The Wall Street Journal noted earlier this month that Amazon certified it had given the FTC all necessary information, setting a mid-month deadline that it would close the deal, with or without a response from the agency and its new leader, Lina Khan.
Earlier this week, the European Union’s antitrust commission gave Amazon’s purchase the green light, noting the “transaction would raise no competition concerns,” as the “overlaps” between both companies are “limited.” Amazon seems to have taken that as approval enough and…
