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Prediction: this deal will be to Khan's FTC what AT&T/Time Warner was to Delraham's DOJ antitrust division: a vertical deal that should clearly be approved, but will be challenged (or at least stretched out) for political rather than substantive reasons. https://t.co/1S0hI30bXE
— Adam Kovacevich (@adamkovac) July 9, 2021
All signs point to the FTC/DOJ regulating monopolies much more stringently in the digital age (overseas already do), making mergers and acquisitions for the smaller fish more difficult. If you can’t join forces and you can’t create organic internal growth… ☠️ https://t.co/b9pZdGUMUA
— Brandon Katz (@Great_Katzby) July 10, 2021
Good point: Increased M&A scrutiny is great for Netflix, since much of the M&A is aimed at competing with Netflix. https://t.co/aJLwliMjuG
— Peter Kafka (@pkafka) July 9, 2021
Total waste of time... FTC Opens Probe of Amazon’s MGM Purchase, Signaling a Lengthy Inquiry https://t.co/LIDYdgp9Ys
— Jason Hirschhorn (@JasonHirschhorn) July 9, 2021
As President Joe Biden signs a wide-ranging executive order intended to promote competition in the American economy, I ask: Just how did Netflix get so lucky? https://t.co/7SfEcuFRTt
— Eriq Gardner (@eriqgardner) July 9, 2021
What time is it? It's @linakhanFTC time.https://t.co/TvMJfDeFBN @joshua_sisco $amzn
— Amir Efrati (@amir) July 9, 2021
FTC has opened Amazon-MGM probe > https://t.co/p6sxG6bZlG
— Dylan Byers (@DylanByers) July 9, 2021
Wow, love this take by @eriqgardner.
— The Entertainment Strategy Guy (@EntStrategyGuy) July 9, 2021
Really, the biggest benefit to Netflix in particular is to (potentially) set up a firewall between devices and streamers. A new ban on vertical integration.
Very far from happening, but a potential outcome. https://t.co/sJjOdQ5doA
Friday evening antitrust scoop. The FTC today opened and in depth probe of Amazon's $8.5 billion takeover of MGM studioshttps://t.co/6vh5c1wZfM
— Josh Sisco (@joshua_sisco) July 9, 2021
Statement of FTC Chair Lina Khan and Antitrust Division Acting Assistant Attorney General Richard A. Powers on Competition Executive Order’s call to consider revisions to merger guidelines: https://t.co/77OrQx1vqN
— FTC (@FTC) July 9, 2021
Well that was incredibly fast…https://t.co/jIUdf4VtJf
— Ashley Baker (@andashleysays) July 9, 2021