Wed. 07/12 – Microsoft Wins Big In The FTC Case
Tech Brew Ride Home
Amalgamated Internets, LLC
4.7 • 1K Ratings
🗓️ 12 July 2023
⏱️ 18 minutes
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| 0:00.0 | Welcome to the Tech Beam Ride Home for Wednesday, July 12th, |
| 0:07.3 | 23. I'm Brian McCullough today. A big win for Microsoft leads critics of |
| 0:11.4 | FTC Charleina Khan to come out of the woodwork. |
| 0:14.3 | Anthropic has released its Claude 2 chatbot. |
| 0:17.1 | Say hello to the Nothing Phone 2. |
| 0:19.4 | And while the market caps of the big players might have been boosted by AI, might the need for on-premises AI lead to a unique |
| 0:25.5 | opening for the likes of Dell and Hewlett Packard? |
| 0:28.3 | Here's what you miss today in the world of Tech. Big win for Microsoft yesterday. A US court denied the FTC's preliminary injunction bid to stop Microsoft's Activision deal as the FTC quote has not shown it is likely to |
| 0:46.0 | succeed in showing harm quoting c. n NBC this court's responsibility in this case is |
| 0:51.6 | narrow it is to decide if notwithstanding these |
| 0:54.4 | current circumstances the merger should be halted, perhaps even terminated, pending |
| 0:58.6 | resolution of the FTC administrative action. Judge Jacqueline Scott Corley wrote in her decision |
| 1:04.1 | published Tuesday. For the reasons explained, the court finds the FTC has not |
| 1:08.2 | shown a likelihood it will prevail on its claim. This particular vertical merger in the specific industry may |
| 1:14.1 | substantially lessen competition. To the contrary, the record evidence |
| 1:18.7 | points to more consumer access to call of duty and other activation content. The motion for a preliminary |
| 1:24.8 | injunction is therefore denied." |
| 1:27.8 | The decision comes after five days of court hearings to assess whether Microsoft would be able |
| 1:31.9 | to complete the 68.7 billion dollar Activision |
| 1:34.6 | Blizzard acquisition it announced in 2022. |
| 1:38.2 | The judge was deciding whether to grant the FTC's request for an emergency injunction |
| 1:41.8 | to prevent the deal from closing. |
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