WASHINGTON – U.S. Senator Amy Klobuchar (D-MN) issued the following statement regarding Amazon’s proposed purchase of MGM Studios:
“This is a major acquisition that has the potential to impact millions of consumers. The Department of Justice must conduct a thorough investigation to ensure that this deal won’t risk harming competition.
“This is also a reminder of why we need to fund our antitrust agencies so they can take on investigations of multi-billion dollar deals. Our government cannot ensure major corporations are playing by the rules if enforcement agencies are chronically underfunded. My bipartisan legislation, which recently passed through the Judiciary Committee, would give the antitrust agencies additional resources to conduct rigorous reviews of large mergers.”
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