https://www.washingtonpost.com/know-how/2022/12/08/ftc-sues-microsoft-over-activision/
The Federal Commerce Fee on Thursday sued to dam Microsoft’s $69 billion acquisition of the online game writer Activision Blizzard, charging that the large deal would enable the Washington tech large to suppress its opponents in gaming.
The lawsuit represents the FTC’s most vital effort to rein in consolidation within the tech business since outstanding tech critic Lina Khan (D) turned the fee’s chair and was anticipated to usher in a brand new period of antitrust enforcement characterised by a willingness to convey circumstances in courtroom fairly than pursue settlements with firms.
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This represents the obvious real-life reply to the individuals asking if the MS/Activision deal was free cash (and the way it is not). It appears like Lina Khan is likely to be trying to make a reputation for herself in pursuing antitrust motion by going after extra M&A.
Disclosure: long-time MSFT shareholder
