shikamaru317 said:
No idea. But this is definitely different from the Penguin-Random House and Simon & Schuster merger. With that, the FTC asked for a court injunction to block the deal from progressing and sued to block it, and won in court, blocking the deal permanently. But with this one, they are suing but not asking for a court injunction to temporarily block the merger while it is decided in the courts, meaning that the deal could technically still close if the other regulators all approve it before the case goes to court, but then could later be overturned if the FTC wins in court. |
I have a similar take on this, FTC must review merger and can act upon merger but may still sue any established entity for anti-competitive practice or for other reasons.
Maybe here they believe, and like MS stated in the past, the resulting entity will not have a significant enough share of the market to justify being blocked but pre-emptively sue MS in a bid to force them to sell what they think will confer them to much power aka CoD.
if this logic is sound then the suit would fall with no consequence if the deal does not conclude due to any other regulatory body otherwise suing pre-emptily may allow the FTC to act in time and reduce opportunity for MS to use CoD anti-competitive potential and force them to sell the franchise.
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