The Federal Trade Commission complained to a federal appeals court on Wednesday that Microsoft’s layoff of 1,900 employees in its video games division went against its representations in court as it fought to acquire Activision Blizzard. The move undermines Microsoft’s claims that the companies would continue to operate independently, the FTC said, and will make it harder to get “effective relief” if the agency succeeds in its administrative proceeding.
  • Th4tGuyII@kbin.social
    0·
    3 months ago

    Do you know what you do when someone doesn’t hold up their end of a bargain? You don’t uphold your’s…

    If the FTC forces them to unmerge, it’d make others think twice about lying to the FTC, and give the agency a much stronger fangs to bite back with in the future.

    • Gork@lemm.eeEnglish
      0·
      3 months ago

      Can the FTC force an unmerge? I hope they aren’t toothless like a lot of the other captured regulatory agencies.

      • huginn@feddit.itEnglish
        0·
        3 months ago

        The FTC can’t afaik but the justice department can and has forced companies to split up.

  • kibiz0r@midwest.socialEnglish
    0·
    3 months ago

    FTC for the past 60 years: “You lied to us? Great job, kid!”

    FTC under Lina Khan: “You lied to us? We’ll see your ass in court.”

    We might not win, but golly it’s refreshing to see someone try.

  • PatFusty@lemm.eeEnglish
    0·
    3 months ago

    What did Microsoft ‘promise’ for this merger? Also, is breaking that ‘promise’ even breaking any merger rules?