Richard Blumenthal

@SenBlumenthal ↗

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Last Checked July 10, 2021

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Wed May 26 23:20:41 +0000 2021

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Richard Blumenthal @SenBlumenthal

Amazon has used its economic power to buy its way into new markets—Whole Foods, entertainment, audiobooks, smart devices&gaming. Each time, our antitrust enforcers took a narrow view&green-lit these acquisitions, ignoring the clear risks to consumers, workers&competition. 2/4 — PolitiTweet.org

Posted May 26, 2021

Preceded By

Richard Blumenthal @SenBlumenthal

A thread: Amazon’s purchase of MGM Studios is a prime example of how Big Tech has gotten so big, how our antitrust policies are woefully out-of-date, & how the right leadership can repair the damage. 1/4 — PolitiTweet.org

Amazon has agreed to buy MGM for $8.45 billion, a bet that a nearly century-old Hollywood icon can feed an insatiab… https://t.co/ljKwvNshnP

Posted May 26, 2021

Followed By

Richard Blumenthal @SenBlumenthal

The FTC & DOJ should thoroughly scrutinize this acquisition, but must also strengthen policies to stop approving these mergers—the “Vertical Merger Guidelines.” 3/4 — PolitiTweet.org

Posted May 26, 2021