Back to Search
Start Over
In plan to mollify regulators, company made concessions to flip rivals into allies.
- Source :
-
New York Times . 10/14/2023, Vol. 173 Issue 59941, pB1-B4. 2p. - Publication Year :
- 2023
-
Abstract
- The article discusses how major technology companies appease regulators to approve their major transactions by turning their rivals into allies. It cites as example the move by Microsoft's Satya Nadella to call rival Kenichiro Yoshida of Sony before advancing the former's plan to acquire video game publisher Activision Blizzard. In the deal, Microsoft needed to secure the approval of the British Competition and Markets Authority, the U.S. Federal Trade Commission, and the European Commission.
Details
- Language :
- English
- ISSN :
- 03624331
- Volume :
- 173
- Issue :
- 59941
- Database :
- Academic Search Index
- Journal :
- New York Times
- Publication Type :
- News
- Accession number :
- 172999646