A group of twenty-two Republican lawmakers have called on the Federal Trade Commission (FTC) to abandon its opposition to Microsoft’s proposed acquisition of Activision Blizzard. In a letter addressed to FTC Chair Lina Khan and two commissioners, the lawmakers argued that the deal is beneficial for competitiveness and urged the FTC to drop its objections. …
The London tribunal has officially paused Microsoft’s appeal against Britain’s block on its $75 billion takeover of Activision Blizzard, granting the parties more time to resolve the dispute. Microsoft, Activision, and Britain’s Competition and Markets Authority (CMA) have all requested a two-month stay of the case while the CMA considers a modified deal proposed by …
Federal Trade Commission Chair Lina Khan, who recently faced a setback in her attempt to block Microsoft’s acquisition of Activision, is now facing a grilling on Capitol Hill. Members of the House Oversight Committee, namely Jim Jordan and Nancy Mace, are leading a panel that will question Khan on a range of issues, including alleged …
In a significant ruling, a US judge has given Microsoft the green light to proceed with its $69 billion acquisition of Activision Blizzard, dismissively rejecting the request from antitrust enforcers for a preliminary injunction to temporarily halt the deal. The court has extended its temporary restraining order until Friday at 11:59 pm to allow the …
JetBlue has announced that it will terminate its partnership with American Airlines in the Northeast following a court battle over the agreement. Instead, JetBlue will focus on salvaging its proposed acquisition of Spirit Airlines. The decision comes after a federal judge ruled against the JetBlue-American deal and urged the Justice Department to reconsider its opposition …
President Biden has recently nominated Andrew Ferguson, Virginia Solicitor General, and Melissa Holyoak, Utah Solicitor General, for Republican positions at the Federal Trade Commission (FTC). This nomination, if confirmed by the Senate, will not alter the existing balance of power at the FTC. The commission currently consists of a Democratic chair, Lina Khan, and two …
Amazon is strategically hiring former Federal Trade Commission (FTC) officials in preparation for an anticipated antitrust battle with the agency. According to sources, Amazon has already recruited around a dozen former FTC officials. This move is seen as a way for Amazon to gain valuable intelligence on its opponent and gather insights into the inner …
Gannett, the largest US newspaper publisher and parent company of USA Today, filed a lawsuit against Google, accusing the tech giant of engaging in anticompetitive practices to establish an unlawful monopoly in the digital advertising market. The lawsuit claims that Google has implemented a sophisticated and deceptive scheme over the past decade, controlling how publishers …
Google has been hit with an antitrust complaint from the European Union over its advertising technology – adtech. The EU claims that since at least 2014, the company has distorted competition in the advertising technology industry in Europe by favouring its own online display advertising technology services to the disadvantage of its competitors. Google is …