22
submitted 1 year ago* (last edited 1 year 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.
you are viewing a single comment's thread
view the rest of the comments
[-] fades@beehaw.org 9 points 1 year ago

In America only corpos matter, laws are for the poors

[-] abhibeckert@beehaw.org 4 points 1 year ago* (last edited 1 year 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 1 year ago

It’s still blocked in the UK.

[-] SweetBilliam@midwest.social 2 points 1 year ago

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

[-] John_Coomsumer@beehaw.org 1 points 1 year 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

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

Technology

37702 readers
83 users here now

A nice place to discuss rumors, happenings, innovations, and challenges in the technology sphere. We also welcome discussions on the intersections of technology and society. If it’s technological news or discussion of technology, it probably belongs here.

Remember the overriding ethos on Beehaw: Be(e) Nice. Each user you encounter here is a person, and should be treated with kindness (even if they’re wrong, or use a Linux distro you don’t like). Personal attacks will not be tolerated.

Subcommunities on Beehaw:


This community's icon was made by Aaron Schneider, under the CC-BY-NC-SA 4.0 license.

founded 2 years ago
MODERATORS