this post was submitted on 10 May 2024
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The FTC was trying to do something. Than Microsoft convinced them they weren’t going to do X if they sold Y, so they let the cloud gaming go, and then immediately did what they said they wouldn’t.
If they didn’t lie to the FTC they would have done something about it than and there.
It’s not a monopoly until it is, and that’s what they are trying to avoid, stuff getting to that point in the first place.
Are you referring to the ABK layoffs? Or something else here?
Yes, they let the cloud gaming go so the EU wouldn’t deem them a monopoly, they than told the FTC they weren’t going to lay anyone off. And a month later or so they laid off 2000 employees while using the excuse it was happening anyways regardless of the merger.
What other merger was there you could be confusing this with?
I wasn't confusing any merger, I was wondering what action specifically you were referring to is all. There were a few different points the FTC was concerned with in that case.