House Republicans accused Federal Trade Commission (FTC) Chair Lina Khan of engaging in “bully” behavior as the agency’s merger-enforcement court case losses continue to mount.
The FTC appealed a court decision allowing Microsoft Corp.’s $96 billion acquisition of Activision Blizzard to move forward.
U.S. District Judge Jacqueline Scott Corley ruled against the federal agency’s request to impose a preliminary injunction that would have prevented the merger from closing before a July 18 deadline. The FTC then asked the 9th Circuit Court of Appeals in San Francisco on July 13 to overturn the lower-court judge’s decision, arguing that the corporate merger would reduce competition in the video game market, including consoles, cloud gaming, and subscriptions….