Mergers: Commission approves acquisition of MGM by Amazon* The European Commission has approved unconditionally, under the EU Merger Regulation, the proposed acquisition of MGM Holdings Inc. (‘MGM') by Amazon.com Inc (‘Amazon'). The Commission concluded that the transaction would raise no competition concerns in the European Economic Area (‘EEA'). Amazon operates a range of businesses including retail, consumer electronics and technology services, as well as the (co-)production and retail supply of own and third-party audio-visual (‘AV') content through Prime Video. MGM is an entertainment company, which produces and distributes AV content. The Commission's investigation Based on
The EU Commission unconditionally approves the merger between a major US online retail platform with audiovisual content and Hollywood film production company (Amazon / MGM)
Access to this article is restricted to subscribers
Already Subscribed? Sign-in
Access to this article is restricted to subscribers.
Read one article for free
Sign-up to read this article for free and discover our services.