The FTC Gets Steamrolled Again, Can’t Pause The Microsoft Activision Deal Before Appeal::The FTC failed to land an injunction pausing the deal, something that Microsoft and Activision both said may kill it, but the opposite result now means the acquisition…
As an Xbox junkie, I want more stupid games on the Xbox platform.
But even I can recognize how bad this is for the industry.
Antitrust enforcement is as good as dead and has been for a decade
The FTC was dumb. It presented its case as if it is a lawyer for Sony, not as a public organization defending consumer’s rights. That’s why it failed.
Props for trying… we’ve had decades of corporations growing in influence unimpeded. The government needs to step up like they did with the Robber Barons and Ma Bell.
I didn’t know Phil Spencer owned any suits… Never seems to be wearing a suit in all the promos & stuff.
I mean at the end of the day hes a CEO. He knows his audience, though.
Ribbit
At this rate, all these megacorps need their own country, their own laws, and, oh wait…
It’s a dumb hill to die anyway. Their main opponent is the one hoarding exclusives, and maintaining a monopoly. Maybe FTC should’ve stepped in during GitHub / LinkedIn acquisition? Or when they were staking in OpenAI?
Corpos gonna corpo.
Bring back Balmer.
Then we at least can be entertained while this “money talks; bullshit walks” charade continues.
