The reasons for this change are varied, but most often employed is the menace to competition such as the last major tech merger to be blocked, AT&Ts blocked the acquisition of T-Mobile in 2011. Both agencies regulate Interstate Commerce in the US and have legal authority to block merger and acquisition. The FTC and the DOJ’s proposed new guidelines covering the legality of mergers between major corporations.
The latest effort from the FTC and the Department of Justice, biggest obstacle for the mega-mergers, will make them harder to achieve.
And regulators aren’t taking the loss down. The US Federal Trade Commission has pushed it hard to close the close of the nearly $7 million purchase, but that’s a denying that they failed the offer.
Microsofts acquisition of Activision-Blizzard, which would be the largest such deal in gaming history, is now all but finished.
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