Pivot The FTC's New Rules, Sony's Fall, and Starbucks 86's a Vax Mandate
Jan 21, 2022
The hosts tackle Peloton's financial struggles and the ramifications of the Microsoft-Activision Blizzard deal for Sony. An insightful interview with FTC chair Lina Khan reveals antitrust challenges facing the tech industry. They also dive into how the pandemic is reshaping corporate strategies and consumer attitudes. Plus, a light-hearted exploration of listener questions, and a thoughtful discussion on the societal implications of language and the gaming landscape's future.
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Peloton's Outlook
- Peloton's stock price has dropped significantly, and employee morale is low.
- The company is likely considering a sale, potentially to Nike.
Vaccine Mandate Shift
- Starbucks canceled its vaccine mandate after the Supreme Court ruling.
- Many companies still maintain mandates, while others dropped them.
FTC's Challenges and Focus
- The FTC, under Lina Khan, is under-resourced despite increasing merger activity.
- Khan emphasizes quality degradation as a key factor in evaluating mergers and suggests potential retroactive enforcement.