The FTC's Battle Against Big Business: The Microsoft-Activision Merger

In this episode, we delve into the high-stakes battle between the Federal Trade Commission (FTC) and tech giant Microsoft over its proposed $69 billion merger with gaming company Activision Blizzard. Led by the formidable Lena Khan, the head of the FTC, the agency is aggressively challenging big business practices and seeking to redefine the way antitrust is perceived.

Khan and her colleagues are pushing for a broader perspective on the harm caused by monopolistic practices in the economy, going beyond the traditional focus on consumer pricing. As we explore the FTC's mixed track record, with both victories and defeats in previous cases, we analyze the significance of the Microsoft-Activision merger case as a potential milestone for the agency.

However, concerns have been raised about the FTC's approach, with critics questioning whether the agency is overstepping its authority. We examine the potential consequences of the FTC's actions and the long-term impact on antitrust enforcement and big business.

Join us as we navigate the complex world of antitrust regulation and explore the uncertain future shaped by Lena Khan's relentless pursuit of change.

This week’s court battle involving Microsoft and Activision, giants of tech and gaming, reflects a sea change under way in America’s trustbusting machinery; it may not go as far as the top competition cop might like. A boom in China’s post-pandemic economy now seems to be sputtering (11:29). And a paean to the Tayto crisp—cheese-and-onion flavour, naturally (18:29).

For full access to print, digital and audio editions of The Economist, try a free 30-day digital subscription by going to www.economist.com/intelligenceoffer

Hosted on Acast. See acast.com/privacy for more information.