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Digital Economy

South Korea’s competition regulator approves the Microsoft-Activision merger

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South Korea's antitrust regulator has approved Microsoft's $69 billion proposed acquisition of gaming company Activision Blizzard on the grounds that the merger between the two companies would not affect the domestic gaming market.

"After reviewing the situation, we have concluded that it is unlikely for Microsoft to pursue a foreclosure strategy by exclusively distributing Blizzard's games through its own platforms," said South Korea Fair Trade Commission in a statement. "Even in the event...

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Emmanuel is a Washington, DC-based freelance journalist, blogger and media consultant, specialising in the entertainment business and cultural trends. He was the US editor for British music industry trade publication Music Week. Previously, he was the editor of Impact, a magazine for the music publishing community (2007-2009), the global editor of US trade publication Billboard (2003-2006), and the editor in chief of Billboard’s sister publication Music & Media (1997-2003).

Digital Economy

Music licensing platform Songtradr has acquired online music store Bandcamp

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Music licensing platform and marketplace Songtradr has acquired online music store and community Bandcamp. In parallel, Bandcamp parent company Epic Games — producer of the game 'Fortnite' — is investing in Songtradr to support Bandcamp’s successful integration into Songtradr. Terms of the deals were not disclosed.

Epic Games is also exploring ways to partner with Songtradr to build an inventory of music where artists can opt in to have their music licensed for use in Epic’s ecosystem. Epic ...

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Copyright & Regulation

FCC starts process to re-establish ‘net neutrality rules’ for broadand providers

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"Net neutrality" is back on the agenda of the Federal Communications Commission in the US, four years after it was repelled by the previous administration.

Jessica Rosenworcel, Chairwoman of the FCC, has issued a proposal of a draft Notice of Proposed Rulemaking (NPRM) as the first step in reestablishing the FCC’s oversight over broadband and restoring “uniform nationwide ‘net neutrality’ rules, which would allow the FCC to protect internet openness and consumers, defend national security, ...

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Copyright & Regulation

FTC and 17 states file competition lawsuit against Amazon for dominant position

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The Federal Trade Commission (FTC) and 17 state attorneys general have sued Amazon.com, alleging that the online retail and technology company is "a monopolist that uses a set of interlocking anticompetitive and unfair strategies to illegally maintain its monopoly power."

The 172-page complaint focuses on what is described as Amazon’s "ongoing pattern of illegal conduct [which] blocks competition, allowing it to wield monopoly power to inflate prices, degrade quality, and stifle innovation f...

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