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Oh but they promised! Darn. If only there was some way to regulate corporations.
The FTC sent an angry letter, that will surely stop them.
It was a pinky promise! You can't break a pinky promise!
Ah yes, a pinky promise. An unbreakable legal agreement between nobles.
If only there was some way to regulate corporations.
It's called the Sherman Antitrust Act, and it's why this promise was made and why the FTC cares about it now.
But DO they really care about it? Or is this just to placate the plebs again?
I'll know they care when they actually manage to do something about it.
This FTC is incredibly aggressive. Lina khan is the head, a person who made waves in academia by basically redefining antitrust laws in the digital age, with a specific animus for Amazon. Shes led the FTC teeth forward:
During her tenure, the FTC has pushed to ban non-compete agreements, filed lawsuits against health care companies engaging in anti-competitive practices, and launched a high-profile lawsuit against Amazon.[3] In 2022, the FTC and the DOJ's anti-trust division blocked a record number of mergers on anti-trust grounds.[4] ABC News described her as taking a more aggressive approach on anti-trust, and earning some conservative supporters during her confirmation and tenure.[1]
I dunno. I was mostly just trying to explain why the federal government might care about video game pricing at all.
Isn't this exactly what Chevron Deference was about? I don't know how clearly defined the law actually is, but this seems like a prime case for the rubber stamp SCOTUS to jump on and say "actually according to a pig shit farmer from 9500bc the law was meant to mean that monopoly power is awesome."
Three companies that are shit and always have been why would you trust them? The US needs to break the backs of corporations now. Vote and write letters to Congress. It works, it always has. These companies deserve to get dragged through hot coals.
Citizens United changed all of that. Congress no longer has a backbone because they are now beholden to corporations. That Court decision did more to turn the US into an oligarchy than most anything else.
They should just start enforcing a upper limit in comporation size and start splitting monopolies when they grow too big
DNC & RNC enter the chat.
"Yeah right. Why do you think we exist? We don't allow those kinds of people to get the support they need to win. We're corporations for corporations."
Were there not contractual obligations with clear boundaries and penalties? Surely it wasn't just a "promise"?
Never should have allowed the merger to begin with. Break them up. Everyone involved in the merger barred from working in the industry for life.
“We had our fingers crossed!!! Haha!”
I'm shocked they're shocked lol
No one saw this coming. Just wow.
Except for the vocal people that saw it coming, and were constantly shouted down as 'Sony fanboys', and Sony this, Call of Duty that.
The Bethesda acquisition has shown all we needed to know about how an Activision Blizzard acquisition would go. I hated seeing every pro-acquisition argument being about Sony and Call of Duty, and promises for Call of Duty to be on PlayStation.
I don't play Call of Duty, I don't care about it, I don't even game much, but when I do, it is PC. Allowing further consolidation of Microsoft and Sony of other games studios is just not good for consumers or the market, it doesn't matter which 'team' you are on.
"slammed"
That will happen when you spend dat cash on venture capitalist porn and forget to pay the bills. Which is strange for a company of accountants.
Happy am on linux (Yeah might use windows occasionally but whatever)