Europe set to unconditionally clear Amazon's $8.5 billion MGM studio buy - Reuters
hapabapa/iStock Editorial via Getty Images


European Union antitrust regulators are set to give unconditional clearance to Amazon.com (NASDAQ:AMZN) for its acquisition of MGM Studios (OTC:MGMB), Reuters reports.
That comes ahead of a March 15 deadline for a Phase I decision on the transaction.

The European Commission held a "state of play" meeting on the deal just last week.
Amazon is up 2.2% premarket amid some broad upward movement in S&P 500 stocks before the open.
Meanwhile, in the United States, the Federal Trade Commission has been taking a longer look at the $8.5 billion deal amid reports that its front office doesn't have the votes to move it either way.