The FTC Loses Another Antitrust Court Case
WSJ Opinion: Potomac Watch
The Wall Street Journal
4.2 • 2.8K Ratings
🗓️ 12 July 2023
⏱️ 25 minutes
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| 0:00.0 | This podcast has brought you by Fidelity Investments. |
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| 0:20.8 | From the opinion pages of the Wall Street Journal, |
| 0:23.6 | this is Potomac Watch. |
| 0:26.6 | The Federal Trade Commission loses another antitrust case. |
| 0:30.6 | As Republicans in Congress have questions for the Justice Department Attorney behind the Hunter Biden deal. |
| 0:37.6 | Welcome, I'm Kyle Peterson with the Wall Street Journal. |
| 0:40.6 | We are joined today by my colleagues, columnists, Alicia Finley and Kim Strassel. |
| 0:46.6 | The FTC under Cherlina Khan has lost another case in court. |
| 0:51.6 | This one trying to block Microsoft's $75 billion acquisition of the video game developer Activision Blizzard. |
| 1:00.6 | Alicia, you've looked at this. |
| 1:01.6 | Can you take us through this? |
| 1:02.6 | What were the arguments that the FTC made here and what did the judge say? |
| 1:07.6 | So the FTC argued in this case that Microsoft would attempt to use Activision Blizzard's highly popular call duty franchise. |
| 1:18.6 | Activision Blizzard also produces a bunch of other video games. |
| 1:21.6 | The call duty is really one of its most popular ones. |
| 1:24.6 | There's also Candy Crush. |
| 1:26.6 | Some of our audience may be familiar with. |
| 1:29.6 | And that it wanted to have to withhold these video games from other rivals, namely Sony and Nintendo, |
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