The FTC Doesn’t Understand Its Role in Antitrust (Premium)

I've already made the case for why the U.S Federal Trade Commission (FTC) is wrong about Microsoft's Activision Blizzard acquisition, as has Microsoft, but now the agency has made the case by itself. Worse, it has proven that it doesn't even understand the role it plays in enforcing this nation's antitrust laws.

As I'm sure you know, the FTC and Microsoft will square off in court over se...

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