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FTC Sides With Japanese Company Over American Companies

Federal Trade Commission chair Lina Khan has gone off her rocker again. She’s following through with her absurd blockage of a $70 billion merger between two U.S. companies – Microsoft and Activision.

The FTC applied for a temporary restraining order because the agency claims Microsoft would have the power to “withhold or degrade” Activision’s gaming products, through price, game quality, and experience on competitors’ offerings.

Why would a company degrade its own products? Only a federal official like Kahn – who has never worked for or started a firm – would fail to grasp the idiocy of this concept.

The big winner from the FTC legal action is Sony – which controls more than sixty percent of the video gaming market. Who’s the monopoly here?  Add Japan to the list of countries laughing behind our backs.

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