The FTC has decided to file an appeal, challenging the recent verdict from the United States District Court for the Northern District of California on Xbox's planned merger with Activision Blizzard.
This appeal is not likely to change the outcome, but I think this is part of the FTC’s strategy, to signal to other companies that any high-profile mergers will be met by a long and protracted legal battle, with all of the costs and consequences that come with it, regardless of outcome.
This appeal is not likely to change the outcome, but I think this is part of the FTC’s strategy, to signal to other companies that any high-profile mergers will be met by a long and protracted legal battle, with all of the costs and consequences that come with it, regardless of outcome.
Tell that to Adobe buying Figma. That deal should have been blocked and the FCC didn’t even bat an eye.