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The FTC really hasn't blocked deals recently. They didn't even block Microsoft-Activision Blizzard. Lina Khan is a notable antitrust academic who wanted to do things, but came into the job and realized that not only is the apparatus of blocking things weaker than what she would have hoped it could have been under her tenure, but that lawmakers are now actively trying to remove powers away from the FTC in the first place.

The EU and UK have taken a stronger stance on things, particularly considering what they've done in similar spaces to Figma. Look at how the UK forced Meta to disgorge itself of GIPHY because of their catch-and-kill acquisition strategy (https://www.reuters.com/markets/deals/britains-competition-regulator-or…).

If you look at SEC v. Jarkesy and other court cases, the zeitgeist of the day in America is that the legislative and judicial branches of government are increasingly comfortable with the idea of weakening non-elected bureaucratic regulatory bodies like the SEC and the FTC. That's how the wind is blowing. I see the SEC and FTC further losing power, not gaining it.

 

I don't understand why anyone is upset by this. The amount of consolidation across almost all industries (especially mega cap deals like that) is scary and only serves to hurt consumers and competition. Yes, I'm sorry your bonus might not be as big :( but try to look past your own self-interest in this case. 

 
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Prospect in PE - Growth:

I don't understand why anyone is upset by this. The amount of consolidation across almost all industries (especially mega cap deals like that) is scary and only serves to hurt consumers and competition. Yes, I'm sorry your bonus might not be as big :( but try to look past your own self-interest in this case. 


nah I care about my bonus and self-interest more sorry mate

 

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