Will the FTC Actually SUE to Block Microsoft x Activision? | A Legal Look (VL747)
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Description
Leaks at the Federal Trade Commission (FTC) suggest that the agency is "likely" to sue over Microsoft's pending acquisition of Activision Blizzard King. But just how likely is "likely", and what can we tell from the agency's own internal processes and legal requirements? Legal weakness doesn't always prevent a lawsuit...in Virtual Legality. #Microsoft #Xbox #Activision *** NEW MERCH LINK: https://virtuallegalityshop.myshopify.com/ *** WANT TO SUPPORT THE CHANNEL? UTREON - https://utreon.com/c/hoeglaw/ PATREON - https://www.patreon.com/VirtualLegality MERCH STORE - https://virtuallegalityshop.myshopify.com/ *** Discussed in this episode: PLAYLIST https://www.youtube.com/playlist?list=PL1zDCgJzZUy_vBs7Qt9-ROfumOtIrSdP8 ARTICLES https://www.politico.com/news/2022/11/23/exclusive-feds-likely-to-challenge-microsofts-69-billion-activision-takeover-00070787 https://www.bloomberg.com/news/articles/2022-11-25/microsoft-s-activision-deal-hangs-on-long-shot-ftc-settlement https://finance.yahoo.com/news/microsoft-activision-deal-hangs-long-234514920.html LAW https://www.law.cornell.edu/uscode/text/15/18 https://www.ftc.gov/advice-guidance/competition-guidance/guide-antitrust-laws/mergers/premerger-notification-merger-review-process https://www.ftc.gov/advice-guidance/competition-guidance/guide-antitrust-laws/enforcers https://www.justice.gov/atr/page/file/1312416/download https://www.ftc.gov/news-events/news/press-releases/2022/09/administrative-law-judge-dismisses-ftcs-challenge-illuminas-proposed-acquisition-cancer-detection CONCESSION PROCESS https://www.ftc.gov/sites/default/files/documents/cases/2011/03/110330googlebuzzagreeorder.pdf https://www.ftc.gov/system/files/documents/cases/150423nomiorder.pdf https://www.justice.gov/opa/pr/justice-department-requires-ticketmaster-entertainment-inc-make-significant-changes-its TWEETS https://twitter.com/michaelpachter/status/1595569641601912832 *** "Virtual Legality" is a continuing series discussing the law, video games, software, and everything digital, hosted by Richard Hoeg, of the Hoeg Law Business Law Firm (Hoeg Law). CHECK OUT THE REST OF VIRTUAL LEGALITY HERE: https://www.youtube.com/playlist?list=PL1zDCgJzZUy9YAU61GoW-00K0TJOGnPCo DISCUSSION IS PROVIDED FOR INFORMATIONAL PURPOSES ONLY AND IS NOT TO BE CONSTRUED AS LEGAL ADVICE. INDIVIDUALS INTERESTED IN THE LEGAL TOPICS DISCUSSED IN THIS VIDEO SHOULD CONSULT WITH THEIR OWN COUNSEL. *** Twitter: @hoeglaw Web: hoeglaw.com
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