Best of Bloomberg Intelligence (07/11/2023)

The video discusses the FTC's challenge against the Microsoft-Activision merger, focusing on the FTC's allegations that Microsoft could foreclose competitors by acquiring Activision's content, particularly Call of Duty. The judge found the FTC's evidence insufficient, especially regarding Microsoft's incentive to foreclose. Despite this setback, the FTC, under Lina Khan, remains committed to tackling market consolidation. The UK's aggressive stance on the merger is also highlighted, with ongoing settlement discussions suggesting a potential resolution.

In what ways has Lina Khan's FTC been aggressive regarding mergers and antitrust concerns?

What implications could the UK's approach to the merger have on the overall outcome of the deal?