EU approves Amazon's proposed takeover of movie studio giant MGM 

The European Commission said the deal would not pose competition concerns in Europe
EU approves Amazon's proposed takeover of movie studio giant MGM 

MGM has the rights to the James Bond film franchise.

Tue, 15 Mar, 2022 - 20:20

Amazon has gained unconditional EU antitrust approval for its proposed $8.5bn (€7.8bn) acquisition of US movie studio MGM to help it to compete with streaming rivals Netflix and Disney+.

The European Commission said the deal would not pose competition concerns in Europe.

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