The Australian Competition Authority does not oppose the merger between a major US online retail platform with audiovisual content and a Hollywood film production company (Amazon / MGM)

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Australian Competition Authority, Amazon / MGM, Press release, 16 December 2021

Amazon's proposed acquisition of MGM not opposed* The ACCC will not oppose the proposed acquisition of MGM by Amazon, after an investigation that concluded the transaction was unlikely to substantially lessen competition in any market in Australia. Amazon operates a range of businesses in Australia including online retail, entertainment and technology services. Amazon owns and operates the streaming platform, Prime Video which is included as part of its subscription-based Amazon Prime membership. Through Amazon Studios, Amazon is also active in the production of audio-visual content (AV content), which it licenses exclusively to Prime Video. MGM produces AV content which it distributes and

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Australian Competition Authority, The Australian Competition Authority does not oppose the merger between a major US online retail platform with audiovisual content and a Hollywood film production company (Amazon / MGM), 16 December 2021, e-Competitions Mergers & Acquisitions in online platforms, Art. N° 104171

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