LOS ANGELES - The striking Writers Guild of America (WGA) on Thursday (Aug 17) urged federal regulators to increase their oversight of the streaming media business, saying Walt Disney, Amazon.com and Netflix had amassed too much power. The guild, which has been on strike since May 2, issued a report arguing that the three companies were poised to become 'the...
LOS ANGELES - The striking Writers Guild of America on Thursday urged federal regulators to increase their oversight of the streaming media business, saying Walt Disney, Amazon.com and Netflix had amassed too much power.
The union urged regulators to block any further consolidation in the industry, "proactively investigate anti-competitive issues and outcomes" and increase regulation and oversight of the streaming business.A spokesperson for the Federal Trade Commission referred to recent comments in a podcast by Chair Linda Khan.
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