Microsoft’s $69 billion deal for Activision Blizzard, which is undergoing reviews in 16 countries, has become a test for whether tech giants can buy companies amid a backlash.
Category: Federal Trade Commission
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Ticketmaster’s Parent Company Said to Face Justice Department Investigation
The New York Times – Music:The inquiry predates the botched presale of Taylor Swift tickets this week and is said to focus on whether Live Nation has abused its power in the live music industry.
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D.C. Attorney General Files Second Complaint Against Commanders
The New York Times – Sports:In a complaint filed Thursday, the Washington N.F.L. team was accused of misusing ticket revenue and failing to refund customers’ deposits.
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Children’s Groups Want F.T.C. to Ban ‘Unfair’ Online Manipulation of Kids
The New York Times – Business:Children’s privacy and health experts pressed regulators to prohibit video games and social networks from using attention-hacking techniques on youngsters.
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Supreme Court Seems Poised to Streamline Challenges to Agency Power
The New York Times – Business:The justices appeared ready to rule that people and companies need not wait for administrative rulings to press constitutional claims in federal court.
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Fed Up With Political Text Messages? Read On.
The New York Times – Business:In this polarized climate, hundreds of Americans told us they agree on one thing: Campaigns must stop spamming voters’ phones with unwanted political texts.
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Attorneys General Sue to Stop Dividend Tied to Kroger-Albertsons Deal
The New York Times – Business:The suit could portend other regulatory battles to come as the supermarket chains look to close their nearly $25 billion merger.
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FTC Accuses Chegg Homework Help App of ‘Careless’ Data Security
The New York Times – Business:Chegg, a homework help app, exposed the data of 40 million users, including details about some students’ sexual orientation and religion, regulators said in a legal complaint.
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Kroger and Albertsons Announce Plan to Merge in $25 Billion Deal
The New York Times – Business:The deal, an effort to bulk up against deep-pocketed rivals Walmart and Amazon, is likely to invite serious antitrust scrutiny from regulators.
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What the $24.6 Billion Kroger-Albertsons Merger Could Mean for Groceries
The New York Times – Business:Two of the largest U.S. supermarket chains hope to join forces as inflation pushes food prices higher and as Amazon and Walmart become more powerful.
