The FTC has 2 huge cases underway: Its trial against Meta and a suit to block a Microsoft megadeal. The agency's apparent long game: to win unprecedented powers to review and potentially block any future deals by two of tech’s most acquisitive companies.
, maker of the virtual reality fitness app Supernatural — Khan’s push for new authorities shows how much more aggressive the agency is under her watch.
As it stands now, current law requires companies to notify the FTC and the Justice Department when a deal is valued at more than $101 million, and the agencies have a narrow 30-day window to decide whether to open an in-depth probe. Previously, the FTC often included similar review requirements as standard language in complaints filed in its in-house court. But the agency typically limited those extra review requirements to future mergers in the markets relevant to a particular lawsuit.In thethat means not only could the companies be subjected to the more burdensome reviews in future gaming deals, but also potentially “in related business activity and markets.
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