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Amazon’s FTC Nemesis Is Dealt a Setback on MGM Deal -- for Now

  • FTC split 2-2 until Alvaro Bedoya is confirmed as commissioner
  • Warren introduced bill that would have blocked Amazon deal
Lina Khan

Lina Khan

Photographer: Graeme Jennings/Washington Examiner/Bloomberg

Lina Khan, the antitrust crusader leading the Federal Trade Commission, suffered her first major defeat as Amazon.com Inc. closed its acquisition of movie studio Metro-Goldwyn-Mayer, underscoring the limits to Washington’s efforts to rein in the technology industry’s giants.

Amazon’s victory could be short-lived. The five-member FTC is split 2-2 between Democrats and Republicans, leaving Khan without a Democratic majority to bring cases unless she can muster support from at least one Republican. That will change if the Senate confirms President Joe Biden’s nominee for the fifth seat, Georgetown University law professor Alvaro Bedoya.