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submitted 11 months ago* (last edited 11 months ago) by nihilx7E3@beehaw.org to c/technology@beehaw.org

tl;dr from the article:

What you need to know

  • The FTC is trying to stop Microsoft's acquisition of Activision Blizzard for almost $69 billion.
  • After having a preliminary injunction denied, the FTC appealed the decision to the United States Ninth Circuit Court of Appeals, appealing the decision and seeking injunctive relief.
  • The injunctive relief, which would've extended the existing temporary restraining order, has been denied. 
  • Microsoft can legally acquire Activision Blizzard in the U.S. very shortly.
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[-] John_Coomsumer@beehaw.org 14 points 11 months ago

The laws are the problem here, the FTC's legal case and legal argument was dogshit. The moral one isnt, but that solution lies with congress and they are gridlocked on actual anti competitive laws by corpo-suckers that are only 75% republican

[-] fades@beehaw.org 9 points 11 months ago

In America only corpos matter, laws are for the poors

[-] abhibeckert@beehaw.org 4 points 11 months ago* (last edited 11 months ago)

Other countries around the world already approved this deal a long time ago.

The US has shown the most resistance.

[-] KilgoreTrout@beehaw.org 6 points 11 months ago

It’s still blocked in the UK.

[-] SweetBilliam@midwest.social 2 points 11 months ago

Well, the UK wants to negotiate more. The legal action has been paused.

[-] John_Coomsumer@beehaw.org 1 points 11 months ago

The laws are the problem here, the FTC's legal case and legal argument was dogshit. The moral one isnt, but that solution lies with congress and they are gridlocked on actual anti competitive laws by corpo-suckers that are only 75% republican

[-] Dohnakun@lemmy.fmhy.ml 8 points 11 months ago* (last edited 11 months ago)

We just shouldn't allow any accquisition of any company above a billion net worth. It would solve so much.

[-] Hylirica@beehaw.org 8 points 11 months ago

I'm glad ActiBlizz employees will hopefully have a better working environment. Plus, I can play WoW again without supporting a human-sized scrotum. 😁

But the sheer size of Microsoft at this point is a bit alarming. It's like watching Disney buying Marvel and LucasArts: a looming giant that will either fall or trample everything underfoot.

[-] nihilx7E3@beehaw.org 6 points 11 months ago

yeah, its getting a little worrying how they're just buying the game market now, especially when you remember how horrible gates & ballmer era microsoft was with anticompetition

[-] Atheran@lemmy.fmhy.ml 3 points 11 months ago

Next step in the saga, Sony buys off EA as a counter attack.

[-] snowbell@beehaw.org 1 points 11 months ago* (last edited 11 months ago)

That was fast. Maybe we will finally get another Guitar Hero game.

[-] pixel@beehaw.org 1 points 11 months ago

What does the UK's rejection of the merger mean going forward now that the US has allowed it to pass?

[-] TheHalc@sopuli.xyz 2 points 11 months ago

They'll renegotiate, get some minor additional concessions and fall in line.

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this post was submitted on 15 Jul 2023
23 points (100.0% liked)

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