this post was submitted on 19 Dec 2024
22 points (100.0% liked)
Xbox
5328 readers
2 users here now
An Xbox community for Lemmy!
UNIVERSAL XBOX SUBSCRIBE LINK - CLICK HERE
Click this to open this community in your Specific Instance, then click Subscribe
Rules:
- Stay on topic.
- No hate speech.
- No Politics.
- No console wars. We are all gamers.
- No Clickbait
- Be a decent human.
- No piracy talk or links to copywrited content.
QUICK START GUIDE AND RULES:
New to Lemmy?
View the Getting Started Guide
Attributions:
Xbox Logo: https://commons.wikimedia.org/wiki/File:XBOX_logo_2012.svg
Banner : https://www.xbox.com/en-us/wallpapers/
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Yeah but they put themselves in a much better position if the standard process Falls through. They're now the largest shareholder in the company, and while they only have 10% of the shares since they are the largest shareholder they have some swing now. And if they wanted to they're closer than any other shareholder and getting the majority share which would make it easier for a hostile takeover.
They are likely trying to keep this a friendly takeover via acquisition if at all possible, due to the fact that if they attempted to do this via hostile takeover, from software would almost certainly claim a Clayton Act violation in the US which would Force the decision to go into legal proceedings in the court under Monopoly clause, and would also almost certainly Force the FTC into investigating whether or not it would be considered anti-competitive.
That's just in the US though, I'm not sure what other Monopoly law exist outside that but generally the US is considered to be one of the more lenient when it comes to monopolies so I'm sure it only gets stricter.