• more about

    #business

    Nintendo Breaking Records, Taking Names In Europe

    Sony Increasing The Storage Capacity Of Blu-Ray Discs

    Nintendo President: Wii Not Out Of The Woods Yet

    read more: #eataketwo, #business, #competition, #federaltradecommission, #takeover

    FTC Issues EA Second Anti-Competition Inquiry

    Electronic Arts has issued a statement this morning announcing that they have received a second request for information from the U.S. Federal Trade Commission regarding their proposed takeover of Take Two Interactive. Seems the FTC still isn't convinced that the joining of the two companies wouldn't be anti-competitive.

    While EA believes that its proposed transaction with Take-Two would not be anti-competitive, the FTC has not yet reached any conclusions regarding the proposed acquisition and has indicated that it needs further information and additional time to conduct its review.
    No matter what the shareholders and company executives wind up deciding to do, it all comes down to the FTC. EA is already big. It's up to the FTC to determine if acquiring Take-Two would make them too big for the competition. It's not likely the sale would be blocked, but those FTC officials are real sticklers about having their paperwork in order.



    Send an email to Michael Fahey, the author of this post, at .