#FTC: Call of Duty Rules. Richard Epstein, Hoover Institution
The John Batchelor Show
John Batchelor
4.5 • 2.8K Ratings
🗓️ 18 July 2023
⏱️ 8 minutes
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#FTC: Call of Duty Rules. Richard Epstein, Hoover Institution
https://www.wsj.com/articles/lina-khan-activision-blizzard-microsoft-judge-jacqueline-scott-corley-federal-trade-commission-antitrust-law-52cd1a65
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| 0:35.1 | This is CBSI in the world. I'm John Bachelors with Professor Richard Epstein of the Hoover |
| 0:39.1 | Institution. He teaches law at NYU in the University of Chicago and he's generously agreed |
| 0:44.9 | to comment on a recent editorial wanting to a recent event to do with the Federal Bench |
| 0:51.8 | and the Federal Trade Commission, especially the Chair, Lena Khan, who is a controversial figure, |
| 0:58.6 | a young person who is applying her thinking about what is and is not competitive or anti-competitive. |
| 1:07.1 | In this case, the Federal judge, Judge Jacqueline Scott Corley, turned away the FTC's argument |
| 1:14.1 | that a merger between one company, Microsoft, acquiring another company Activision Blizzard |
| 1:20.8 | was not anti-competitive. This, however, according to the editorial, is reminiscent of a case that |
| 1:28.4 | the Justice Department, where the Justice Department was successful in 2019, challenging the AT&T |
| 1:35.1 | Time Warner merger, which the DC Court of Appeals rejected in 2019. So that case, and then one |
| 1:43.1 | other that Professor said we can address as an example, Illumina's acquisition of Grail blocked |
| 1:50.6 | by the FTC most recently. This Professor in reading this as an amateur, the FTC is concerned about |
| 1:59.1 | bigness gobbling up rivals and that being any competitive. However, in the case of |
| 2:06.4 | Microsoft and Activision, I don't believe they were in the same business. Activision is a |
| 2:11.1 | video gamer. Microsoft is chiefly these days the cloud. They don't seem competitive at all. |
| 2:18.1 | That's quite different from AT&T and Time Warner. The FTC. |
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