The FTC will file an injunction blocking Microsoft’s $69 billion acquisition of “Call of Duty” videogame maker Activision Blizzard, a source familiar with a planned court filing said on Monday.
The FTC fears Microsoft could dominate the gaming market while Microsoft has said the deal would benefit gamers and gaming companies alike. Antitrust experts say the FTC faces an uphill battle to convince a judge to block the deal. Read more.
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If you believe the most ardent defenders of newly-indicted former president Donald Trump, there’s a silver bullet hiding in Bill Clinton’s sock drawer. The reference, writes Alison Frankel, stems from a 13-year-old case in which the right-leaning nonprofit Judicial Watch sought access to 79 audio tape recordings of Clinton interviews conducted by the historian Taylor Branch while Clinton was in office. Clinton supposedly stored the tapes in a sock drawer while he was in office, but, for Trump’s purposes, what matters is that he designated them as personal records when he left the presidency — putting them outside of the reach of the National Archives under the Presidential Records Act. A trial judge ruled in 2012 that the archives had no power to second-guess Clinton’s designation. That language has emboldened Trump’s backers, Frankel said.
Check out other recent pieces from all our columnists: Alison Frankel, Jenna Greene and Hassan Kanu
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Rolling into the summer, the City of New York will delay enforcing a new municipal law, previously set to go into effect on July 1, that Airbnb said could limit the number of people who can host rentals in the city. Read more.
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