FTC Blesses EA's BioWare/Pandemic Acquisition
Considering EA CEO John Riccitiello's status as former CEO of Elevation Partners, owner of VG Holdings Corp., the exec has said other parties will be involved in mediating the deal to ensure shareholders' best interests. EA CFO Warren Jensen said he expects the deal to make the company $300 million in extra revenue annually.
The deal was given the okay in a list of early termination reviews--those green-lighted in less than the 30 days normally required--as listed on the FTC's Bureau of Competition website.
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AEXStrider
replyEA , not a monopoly -type of business?!
Somebody got paid off.
I recall all the years of litigation to get AT&T to break itself up [ teh 70's]- was judged a monopoly, but under the current big business ass-kissy administration, didn't take them long to start buying things up again, and slap the judgement in the face by Keeping the At&T brand, too.
Delta Dental plan is a lso a Monopoly . O_o-
I don't see how you could reasonably compare EA at all to AT&T.
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You're such an EA fanboy... :D
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Im feeling my age it appears.And my snarcasm is showing too :p.
As close as they can get to a monoploy anyway. -Seems to me like every other day EA is buying up some game producing company.
Maybe the term could use an updated definition. Or we need a new word ; monopolawannabe?
There are way too many developers for EA or some other to buy them all up, but it still is a business model/trend of theirs.
For the most part I don't see this as a great thing to rejoice about, doesnt this dumb down the end product/ game and end up firing alot of game developers?
Since At& t started as one of the only telcoms they sure did have more of a monopoly, however I think we will never see much of a monopoly like they had as thankfully new developers keep popping up.. I mean they really had some balls buying back Snet and Southern Bell so soon after finally getting kicked to the curb by whichever court [ and millions of taxpayer court fees later $$] handed down the sentence.
They aren't as big a threat since so many more telcoms have been able to start up after at&t got forced to break up their businesses.
As far as political references; gimme a break . Is it really really really , in your world view, an
"undergound idea," [whatever that is] that Republicans = Big Business' Buddy?
That's where they get so much of their campaign financing from , lobbyist pals etc. I'm sure you can look it up somewhere.
Dems always have less capital available to get elected , always have more do with social issues and not giant
tax benefits for Big Business' at the cost of regualr workers and taxpayers.
