Activision Blizzard has been very clear that there really hasn't been an application of the competitive balance tax. So in a way, the Justice Department might be jumping the gun here to prevent something that hasn't happened. But at the same token, I disagree that you have to impose some draconian rules before we don't even know what the market dynamics of esports are yet.
Johnson & Johnson proposes a $9 billion settlement and Chewy hits a speedbump. (00:21) Dylan Lewis and Tim Beyers discuss: - The fallout from Johnson & Johnson's talc settlement. - What the lawsuit could mean for J&J's spinoffs. - Why the US Department of Justice is taking a look at Activision Blizzard. (14:55) Ricky Mulvey and Emily Flippen take a closer look at Chewy's growth initiatives, and what they could mean for shareholders. Companies discussed: JNJ, ATVI, CHWY Host: Dylan Lewis Guests: Tim Beyers, Emily Flippen Producer: Ricky Mulvey Engineer: Dan Boyd
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