You just let Microsoft buy Activision. You’re not going to do shit about this either.
this post was submitted on 09 Dec 2023
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The FTC fully opposed it and is still opposing it as of Dec 6th. The FTC sued twice to stop the deal, and is currently appealing the merger a judge approved.
They are opposing it so much it is drawing scrutiny on the extremely aggressively antitrust chair Biden appointed, Lina Khan, a person who literally wrote a lauded economics paper about how amazon became a monopoly using anticompetitive practices and illegal tactics.
Get pissed at the government if you like, but at least get your facts straight first.
The FTC tried & failed. They'll most likely fail here too. It's tough for courts to rule against what the FTC sees as unfair competition when even the judges are likely Amazon Prime & Big 3 ecosystem subscribers.
And literally nothing will happen.
Monopolies own the govt, they do what they want
Fuck happened to the amazon investigation? FTC is all about news headlines and that's it.
What happened is that the FTC is taking on Amazon in court as we speak:
Their lead investigator will surely sniff this one out!
/I'm going to hell!
The FTC is pro-trust not antitrust.
Appointing Lina Khan to head the FTC is one of the only good things Biden has done while in office.
However, the FTC has been defanged and neutered by the courts and Congress. To say nothing of the full court press the media, especially mainstream business publications, have engaged in to attack her and limit her influence and reduce her political capital.
So unlike most of Biden's top level appointments, I actually don't doubt her intentions, or her goals, but I also don't hold out much hope as to what she'll be able to accomplish, though not for any lack of effort on her part.
Looks more like investigating having their photo taken