I wonder to some extent, we're seeing a lot more regulatory scrutiny on deals. These are not two players in the same space here. Do you think that some of what we're seeing is a little bit of an acknowledgement that Big Tech has gotten very big, very quickly? Maybe in ways that regulators weren't expecting?" Yes, absolutely, it has been an area of focus of the FTC chair, Lena Kahn, that she wants to find ways to reign in the size and the dominance of the large tech companies."
The FTC failed to prove the Microsoft/Activision Blizzard deal would substantially lessen competition, which means blockbuster acquisition might come together before next week’s deadline.
(00:21) Bill Mann and Dylan Lewis discuss:
- Why the FTC’s attempt to block the Microsoft/Activision Blizzard deal failed. - The “concessions” Microsoft is making to make the deal happen. - How we’re seeing a similar response to regulatory interest in Broadcom’s planned acquisition.
(14:09) Is it the end of an era for superheros? Mary Long caught up with Catie Peiper to discuss trends in entertainment and Mattel's big bet on Barbie.
Companies discussed: MSFT, ATVI, VMW, AVGO, DIS, MAT, HAS
Host: Dylan Lewis Guests: Bill Mann, Mary Long, Catie Peiper Engineers: Dan Boyd, Rick Engdahl
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