FTC Diverges from the Consumer-Welfare Standard in Bid to Block Microsoft-Activision Deal
The consumer welfare standard is not the only standard from which the #FTC's complaint over #Microsoft-#ActivisionBlizzard diverges...
FTC Diverges from the Consumer-Welfare Standard in Bid to Block Microsoft-Activision Deal
The consumer welfare standard is not the only standard from which the #FTC's complaint over #Microsoft-#ActivisionBlizzard diverges...
And 5 of them number among the scotus.The Federalist Society for Law and Public Policy Studies is a group of conservatives and libertarians interested in the current state of the legal order.
And 5 of them number among the scotus.
Thankfully
Yes, their deep love of all things video games is legendaryThankfully
Sony opened Pandora's Box. No one forced them, and no responsible lawyer should have advised them, to do that. A bad deal if in the end they just delayed the consummation of the acquisition.
US Trade Rep Katherine Tai testifies on Bidens Trade Policy Agenda before the Senate Finance Committee.
Sen. Cantwell: “If they were blocking access that would be of great concern” I’m saying they are but if you are looking in to it I want to make sure you view this as a problem”
Blame Sony for excluding Nintendo and creating this High End Performance market that Nintendo doesn’t exist in despite Nintendo being very dominant in Japan.
Sony tried to use this made up market in effort to block the Activision merger and its now back firing.
The FTC and the CMA both excluded Nintendo and now Congress is doing the same. I know some are looking at the question from these hearings as misguided, but in context of the merger and how these markets were represented
Here's the just-filed public redacted version of a new (and certain-to-fail) motion for a preliminary injunction by those #Sony-supported class-action lawyers against #Microsoft-ABK.
I'll comment now in an evolving thread.
This is political and I expect it is in tanteem with MS's lobbying and retaliation, sending a strong message back to Sony for daring interfere as a corporate psychological warfare..
Agreements between the countries say otherwise. I'm not saying that I think Sony is being monopolistic, nor am I saying I agree with the specific rules in the specific agreements, just that such agreements exist.In addition it is not up to US to decide and interpret how japanese companies compete in Japan.
Which agreements specifically?Agreements between the countries say otherwise. I'm not saying that I think Sony is being monopolistic, nor am I saying I agree with the specific rules in the specific agreements, just that such agreements exist.
Again, I think it's a bit of a stretch that this agreement applies to exclusivity in the console space, but the agreement does exist, and is the once cited by US lawmakers as the one Japan/Sony are in violation of. Regardless, a trade agreement does give all parties involved the ability to decide and interpret how companies compete in their home region if there are provisions for it. This one does, as most do.Which agreements specifically?