FTC Investigating Sony/Bungie Deal [May 05, 2022, 7:25 pm ET] – Share – Viewing Comments
The Information reports (may require registration or subscription) that the United States Federal Trade Commission
is investigating Sony's announced deal to
acquire Bungie for a reported $3.6 billion. It doesn't seem clear at this point
what sort of peril this creates for the potential transaction:
The Federal Trade Commission has opened an in-depth investigation of Sony’s proposed $3.6 billion takeover of Bungie, the gaming studio behind Destiny and Halo, according to people familiar with the matter. While the FTC may not be able to block the deal, its decision to review it is the latest example of how aggressive the agency is becoming in reviewing mergers.
Jonjonz wrote on May 6, 2022, 06:24:
This just in... FTC honchos tired of old Dachas...
If they were acually doing thier job, there might be more than one choice of internet and cable in town.
Lol, don't blame the FTC for what the mayor of your town/city did to pad his account. Very likely, you only have one provider in your city because the local government was paid off to sign legislature saying no competitors can come in.
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