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Microsoft wins FTC fight to buy Activision Blizzard
(www.theverge.com)
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this post was submitted on 11 Jul 2023
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It's my understanding that Microsoft can now close the deal and acquire ABK before the FTC trial would even take place (as soon as July 18th, though unlikely given the new UK CMA negotiations). What happens to the suit if the merger is already complete?
Probably a fine that's simply justified as "operating costs". It's actually kinda bullshit, they shouldn't be allowed to buy up all the NA competition. Next is probably EA. Thankfully Sony saw this coming and started investing in new studios and IP.
How does one bring Teddy Roosevelt back from the grave? I'm uh...asking for a friend? Yeah. Let's go with that.
We could generate infinite energy by harnessing the force of Teddy Roosevelt rolling in his grave rn.
I'd be pretty surprised if MS is allowed to purchase another huge publisher. Zenimax was pretty small, but ABK is huge. But who knows at this point..
MSFT could purchase Congress itself and get away with it thanks to Citizens United v. Federal Election Commission