The U.S. Federal Trade Commission’s defeat as it sought to block Microsoft Corp.’s acquisition of videogame maker Activision Blizzard is yet another setback for an increasingly toothless regulator that needs to pick better battles with Big Tech.
The U.S. Federal Trade Commission’s defeat as it sought to block Microsoft Corp.’s acquisition of videogame maker Activision Blizzard is yet another setback for an increasingly toothless regulator that needs to pick better battles with Big Tech.
Agreed. Anti-trust law has been whittled away at for generations. FTC cannot do anything about that.
Even the idea of picking their battles will quickly become a damned if they do, damned if they don’t scenario. If they only go after the safer cases, they’ll let through a ton of big mergers/acquisitions, which in turn will signal that those cases are OK.