Microsoft-Activision ruling highlights Lina Khan's struggles to fight tech
Publishing timestamp: 2023-07-11 17:12:20
Summary
The article discusses a federal judge's rejection of the Federal Trade Commission's request for a preliminary injunction to prevent Microsoft from completing its acquisition of Activision Blizzard. The judge's ruling challenges FTC Chair Lina Khan's vision of antitrust enforcement and highlights the hurdles faced by newer theories of online companies amassing and leveraging power. The ruling brings the merger closer to completion, but the FTC can still appeal and the U.K.'s competition enforcer has also opposed the deal. The article emphasizes the challenges faced by antitrust enforcement in the digital age and the skepticism of judges towards newer theories.
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Keywords: technology, products and services, breaking news: politics, breaking news: technology, mobile, microsoft corp, social media, mergers and acquisitions, activision blizzard inc, amazon.com inc, politics, joe biden, business news, federal trade commission,