151–160 of 590 posts
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He's being rewarded for growing net income roughly a hundred fold between 2010 and now. I think it's fair that he gets a huge chunk of the value he's created for investors.
There is no concept of “fair”. It is just what he and the board ended up negotiating.
God damn man. How is this not an antitrust violation? The only answer is that we live in truly corrupt times. What is our answer to this?
Linda Khan's article here is, IMO, one of the best overviews of why: https://www.yalelawjournal.org/note/amazons-antitrust-parado...
What's frustrating is that this requires legislative change, which, given the current political climate, seems like a sisyphean task.
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> increasing monopolistic power of Microsoft Games Microsoft has never been #1 in gaming. It's always been playing catch-up. There's nothing even remotely close to "monopolistic". That doesn't make any sense at all. You literally can't be a monopoly if you're not #1. This is Microsoft simply trying to complete better against Sony. Which is a good thing. It benefits the consumer as stronger, more equal competition lea…
People aren't going to see lower prices, no matter who acquires who. Video game prices are effectively set industry wide, similar to music and movies. They effectively set the price collectively, which is why you see articles mention things like: > Xbox is preparing to join other major games publishers in raising the prices of its major new first-party titles from $60 to $70. https://www.ign.com/articles/microsoft-ra…
GamePass is $10.99/mo.
If that's not lowering prices, then I don't know what is.
Why not just merge all nasdaq 100 and be done with it?
The idea that there's a "fair" market left in the US is an abject joke. At BEST, there are a handful of companies divvying up a market collusively. At worst, and increasingly commonly, we have effective duopolies that juuuust skate the currently en vogue legal definitions to create 2 different walled gardens. Name for me a market (of financial significance) which isn't currently dominated by two mini-monopolies, and…
Bobby Kotick will remain as CEO until the end of 2023 and get a huge check for this purchase. He's getting rewarded for building a toxic, fratboy workspace, sexually and psycologically harassing women. I wonder if Microsoft can be held accountable for allowing a sex predator like him to continue working.
I’m reading this as he was a regular guy that may have asked some women out a few times given the hyperbole and dissembling around this entire thing.
That’s really just the beginning of it, Kotick is quite a prolific pos himself: https://nypost.com/2021/11/16/activision-ceo-threatened-to-h.... And he’s alleged to have covered up sexual assault at the company, which given the Epstein connections… tracks.
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Microsoft produces video games. They acquired another company that produces video games. How is this antitrust?
The merger of two large entities in the same market is a pretty clear example of something that should raise antitrust concerns.
Earlier quoted context omitted.
> increasing monopolistic power of Microsoft Games Microsoft has never been #1 in gaming. It's always been playing catch-up. There's nothing even remotely close to "monopolistic". That doesn't make any sense at all. You literally can't be a monopoly if you're not #1. This is Microsoft simply trying to complete better against Sony. Which is a good thing. It benefits the consumer as stronger, more equal competition lea…
Uh no. Buying out previously cross platform studios and then converting their titles to Microsoft only is absolutely not “strengthening competition”. If Microsoft want to strengthen competition, they would stop burning their first party studios to the ground.
Playstation has tons of exclusive titles. By one estimate, 4x as many as Xbox [1].
How is that a fair playing field?
I'm personally totally in favor of ending exclusivity entirely for all consoles. (What gamer wouldn't be?) But as long as Sony is playing that game, Microsoft is simply trying to level the playing field here, to make Xbox more competitive against PS.
That's what more competition is.
[1] https://www.tomsguide.com/face-off/ps5-vs-xbox-series-x-excl...
Bobby Kotick will remain as CEO until the end of 2023 and get a huge check for this purchase. He's getting rewarded for building a toxic, fratboy workspace, sexually and psycologically harassing women. I wonder if Microsoft can be held accountable for allowing a sex predator like him to continue working.
Why not just merge all nasdaq 100 and be done with it?
Bobby Kotick will remain as CEO until the end of 2023 and get a huge check for this purchase. He's getting rewarded for building a toxic, fratboy workspace, sexually and psycologically harassing women. I wonder if Microsoft can be held accountable for allowing a sex predator like him to continue working.
His tenure post acquisition is governed by the acquisition agreement. Microsoft isn't "allowing" anything.