Ryuu96 on 03 February 2023
FTC's top antitrust staffer says the agency is not interested in settlements, particularly complicated ones. Not good news for a couple major pending deals like Kroger/Albertsons. https://t.co/Tu8RtrfTWz
— Leah AntiTrustButVer1fy Nylen (@leah_nylen) February 3, 2023
"Our approach today is that the Bureau of Competition will only recommend acceptance of divestitures that allow the buyer to operate the divested business on a standalone basis, quickly, effectively and independently, and with the same incentives and comparable resources as the original owner," she said.
So Microsoft vs FTC in court it is. This drama won't ever end, Lol.
Doesn't seem like they'll back down even if CMA/EC do approve it.
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