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Us Ftc

All articles tagged with #us ftc

"FTC's Concerns Over Kroger Merger and Gaza Ceasefire Talks"

The U.S. FTC sues to block the $24.6 billion Kroger-Albertsons merger, citing potential price increases; President Biden says Gaza ceasefire talks are "close"; Shohei Ohtani plays his first Dodgers game; Florida faces its largest measles outbreak; and former President Trump appeals a $454 million civil fraud judgment.

business2 years ago

FTC moves to block Microsoft's $69B Activision acquisition

The US Federal Trade Commission plans to seek a court order to block Microsoft's acquisition of Activision Blizzard, arguing that it would give Microsoft's Xbox exclusive access to Activision games, leaving Nintendo consoles and Sony's PlayStation out in the cold. Microsoft's bid to acquire the "Call of Duty" videogame maker in a $69 billion deal was approved by the EU in May, but British competition authorities blocked the takeover in April. Microsoft has offered to sign a legally binding consent decree with the FTC to provide "Call of Duty" games to rivals including Sony for a decade.