Amazon acquisition of MGM Studios to be reviewed by Federal Trade Commission

The Federal Trade Commission will reportedly scrutinize Amazon’s proposed $8.45 billion acquisition of Hollywood’s MGM Studios, just as the regulator gets a new chairwoman who has been a critic of the tech giant’s expansion.

Large company mergers and acquisitions have to get approval for their deals from the federal government’s antitrust authorities, either the Justice Department or the FTC, and the Wall Street Journal on Tuesday reported that the FTC will handle this purchase.