Submitted by marketrent t3_zrkbfi in technology
mf-TOM-HANK t1_j13otwc wrote
Reply to comment by Lootcifer- in Microsoft-Activision deal: Gamers sue to stop merger by marketrent
Which may be exactly why they stop the merger. If they act stunned by Microsoft's supposed brazen disregard for antitrust and halt this particular merger then they can pat themselves on the back and pass through another ghoulish Sprint-TMobile type of merger that actually has major real life consequences.
BourbonCoug t1_j140znp wrote
>That actually has major real-life consequences.
Just playing devil's advocate here, but if you don't view this as having real-life consequences then why waste taxpayer dollars trying to stop this under the guise of antitrust?
mf-TOM-HANK t1_j143k75 wrote
It's a little bit of a dog and pony show to show us plebes that antitrust is still taken seriously in DC. If we were actually serious about antitrust we'd see the relevant federal agencies go after meat processing, media conglomerates, and ISPs for starters.
Thebadmamajama t1_j14eo9u wrote
I sense it's easier to block a future acquisition than to sue to break up an existing company.
Otherwise the cases in those other industries seem to be far clearer.
platonicjesus t1_j1519cc wrote
They let the Warner Discovery merger go through pretty recently.
antunezn0n0 t1_j15a15q wrote
i feel that wasn't as egregipux as this is the tenth time Warner is sold
theregalbeagle t1_j16cem0 wrote
They let Disney/Fox through.
antunezn0n0 t1_j16gj5t wrote
they probably shouldn't have
Fubarp t1_j14nt5i wrote
Honestly I'm not sure if sueing to break up is hard because the US Government has done it numerous times without failure.
Milksteak_To_Go t1_j16byz3 wrote
What was the last breakup, Ma Bell in 1982? 40 years ago is not exactly recent history.
I know DOJ tried to break up Microsoft in 2000 over the IE/Netscape stuff but that got appealed and overturned.
DrakeAU t1_j15vkqo wrote
Supermarkets too.
ThatGuyMiles t1_j14i177 wrote
That’s the point, it’s a “show” they can’t or won’t stop other actual consequential mergers due to lobbyist/etcetera. This scenario makes it seem like they have “teeth” and are actually “sticking it to big tech” when it reality they are not and are completely toothless. It’s a gaming company and MICROSOFT. it’s the perfect Unicorn that no one important enough cares about so they get to look “tough” on “big tech”….
BatForge_Alex t1_j14hey5 wrote
> why waste taxpayer dollars trying to stop this under the guise of antitrust?
Regardless of which "side" you're on, I believe it's important for investigations like this to get the real face of the corporations out for the public to see. Microsoft, Sony, and Nintendo have a history of doing some shady, anti-competitive shit.
If we don't at least investigate these sorts of deals, the public only hears what the companies want them to hear. These companies didn't become massive by "playing fair" and they're very good at laundering bad reputations
My opinion: Microsoft deserves the level of scrutiny being laid against them. They have a history of using M&A as a cudgel to force industries to kiss the ring and crush competition
tipbruley t1_j167gaa wrote
The real reason they are going after this is because Microsoft won’t fight back/bride too hard against it because it’s not really that great of a deal for Microsoft and won’t actually allow them to use monopolistic practices.
SlowMotionPanic t1_j174a1q wrote
Stop and listen to yourself a moment. Why would Microsoft waste all that time, money, and effort? Microsoft will have to pay Activision a $3 billion break up fee if they can’t get the deal closed for any reason.
The truth is that Microsoft is very obviously waging a lobbying battle behind closed doors while also waging a public relations battle. And look at how many good little fans come out of the woodwork to lap up their bullshit just because they hope Activision—one of the largest publishers in the world—will have their games “for free” on Gamepass.
Microsoft is trying to appease watchdogs by making very public gestures to support competitors for at least 10 years. But that doesn’t mean much because Microsoft is becoming a gaming as a service company. Sony can’t compete there yet and seem so very dedicated to platform lock-in since they are too dysfunctional to compete. Nintendo occupies its niche and not much else, let alone offer a real competitive service to anything MS is trying to do. I mean—have you tried Nintendo’s online services? Whole division should be turned inside out for the gross incompetence.
Microsoft is going for lock-in. That is why they have slyly allowed Xbox live gold conversions to get 3 years of Gamepass for basically nothing. It is why you can get a console with Gamepass and pay a single monthly fee in a lease to own scheme. They are abusing their position and locking people in. Azure alone makes more profit than Xbox entirely generates as revenue.
And people think the gravy train will never end 🙄
MFitz24 t1_j16egb3 wrote
That was a different administration.
mf-TOM-HANK t1_j16f9wo wrote
I'm absolutely not a "both sides are the same" guy but antitrust has not been a big priority for any of the presidents for probably as long as I've been alive. I'm not plugged into the antitrust law sphere at all but it feels like Microsoft back in the early 2000s was the last high profile antitrust case. Maybe there have been big ones that I'm not aware of but the trend has been for decades that big companies get bigger and gobble up smaller companies with little to no resistance.
MFitz24 t1_j16fpg0 wrote
Youre not wrong about the multidecade trend but the biden administration has been extremely aggressive on antitrust.
https://gamerant.com/nvidia-arm-merger-acquisition-news/
https://news.yahoo.com/why-did-government-block-big-095213687.html
https://www.wsj.com/articles/ftc-asks-kroger-for-more-information-on-albertsons-deal-11670334358
mf-TOM-HANK t1_j16grpp wrote
To Biden's credit, I'm extremely impressed with Lina Khan and I guess we will see what comes from the next 2+ years if she remains at the helm of FTC for the remainder of the term and beyond.
[deleted] t1_j16n3lt wrote
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Macktion t1_j16q086 wrote
Came here to bring this up, but I'm glad you got here first and brought receipts.
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