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Microsoft’s recent layoffs contradict what the company promised of its merger, the FTC says.
(www.theverge.com)
this post was submitted on 08 Feb 2024
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This news story is literally about the FTC actively suing for injunctive relief; the "complaint" in question is actually a formal legal letter addressed to the U.S. Ninth Circuit Court.
Edit: fixed typo
Yes, of course they have complained to the courts. That's not the point. This simply will go nowhere, or do you expect that the court will somehow separate Activision out of Microsofts hands again to fix this? Or punish the managers at Microsoft and make them withdraw the execution plan to remove redundant jobs?
At the end of it, Microsoft will eventually pay a small, symbolic sum which they consider "cost of conducting business". Nothing more.
As pessimistic as it sounds, I think you're right. There's likely some back pay they will have to give to the workforce they fired, which is a pittance compared to what they stand to earn as they milk their purchase dry.
If the appellate court is unhappy with the lower court's ruling, then there is no reason for it not to reverse it and tell Microsoft to stop the process of merging with Activision until the proceedings have completed. Admittedly this outcome might be inconvenient for Microsoft and Activison, but it is not the job of the court to care about this.