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The deal had been announced in January 2022 and the FTC sued to stop it in December last year. Judge Jacqueline Scott Corley in San Francisco pressed FTC lawyers on where their economist got the data to show the deal would harm consumers. The FTC has said that if Microsoft bought Activision, Microsoft would have the incentive and the ability to harm competition in markets related to consoles, subscription game services and cloud gaming. "The harm here is we think is substantial in locking up Activision content," said FTC lawyer James Weingarten. To address the FTC concerns, Microsoft has agreed to license "Call of Duty" to rivals.
Persons: Microsoft Corporation Satya Nadella, Read, Microsoft's, Jacqueline Scott Corley, James Weingarten, Corley, Microsoft's Beth Wilkinson, it's, Satya Nadella, Nadella, Biden, Diane Bartz, Lincoln Organizations: Microsoft Corporation, . Federal Trade Commission, Microsoft, Activision Blizzard, U.S . Federal Trade, Activision, Federal Trade Commission, Nintendo, Sony Group, FTC, PlayStation, Thomson Locations: California, Downtown San Francisco , California, U.S, WASHINGTON, San Francisco, British, Canada
The U.S. Federal Trade Commission has asked a federal judge to stop the transaction temporarily in order to allow the agency's in-house judge to decide if it can go forward. If the deal goes through, Microsoft has pledged to provide the game to Switch for 10 years. Microsoft attorney Beth Wilkinson pressed Lee in an effort to poke holes in his analysis of the deal, pointing out limitations of his economic modeling. Judge Jacqueline Scott Corley, a federal judge in San Francisco who will decide the case, said little on Tuesday. Reporting by Greg Bensinger in San Francisco Additional reporting by Diane Bartz in Washington Editing by Matthew LewisOur Standards: The Thomson Reuters Trust Principles.
Persons: Microsoft's, Robin Lee, Lee, Beth Wilkinson, Wilkinson, , Jacqueline Scott Corley, Greg Bensinger, Diane Bartz, Matthew Lewis Organizations: FRANCISCO, Activision, Harvard, U.S . Federal Trade Commission, Microsoft, Xbox, FTC, Nintendo, Sony Group, Britain's, Markets Authority, Thomson Locations: Redmond, Washington, San Francisco, United States
The NCAA also argued the plaintiffs' division of damages unlawfully favored male athletes over female ones. In a statement, the NCAA said the plaintiffs' claims for "billions of dollars in damages" do not have "legal or factual support." Plaintiffs' lawyers for years have challenged rules that prohibited college athletes from receiving compensation. Class actions provide plaintiffs an avenue in court to pursue claims collectively rather than as individuals, imposing greater pressures on defendants. The plaintiffs' lawyers have asked the court to approve three classes seeking monetary damages: football and men's basketball; women's basketball; and an additional sports class.
Deal close for Washington Commanders football team
  + stars: | 2023-04-13 | by ( Matt Egan | ) edition.cnn.com   time to read: +5 min
If finalized, the sale would mark the end of the controversial ownership of the Washington franchise by embattled billionaire Daniel Snyder. News of the near deal was first reported by Sportico, which reported the team sold for $6 billion, a record for a North American sports franchise. Snyder purchased the team, then named the Washington Redskins for a reported $750 million in 1999. It adopted the Commanders name last year, after playing two seasons with the name Washington Football Team. “Today marks the end of a long, difficult chapter for all employees and fans of the Washington football organization,” read a statement from Lisa Banks and Debra Katz, two attorneys representing more than 40 former Washington Commanders employees.
Dozens of employees of the Washington Commanders were harmed for more than two decades because of a “toxic work culture” in which sexual harassment and bullying were pervasive, according to a scathing report released Thursday by the House Oversight Committee. The NFL and Washington Commanders were not immediately reached for comment Thursday afternoon. "Rather than address issues of workplace misconduct head on, the NFL has deferred responsibility to its clubs. The allegations were made by six former employees of the Washington, D.C., NFL franchise during a House Oversight Committee roundtable on toxic workplace culture. Representatives for the team, renamed the Commanders released a statement from Snyder on Thursday denying the allegations from the hearing.
The NFL and the Washington Commanders misled the public about an investigation into decades-long misconduct in the team's workplace, according to a report from the House Oversight and Reform Committee released Thursday after a yearlong probe. The panel also said the NFL and Commanders owner Daniel Snyder impeded its investigation into the matter. The NFL told her to "complete a written report of its findings" surrounding the Commanders' workplace culture. But then the league refused to release the written report, instead presenting their findings orally in order to "better preserve" witness anonymity and confidentiality. In 2014, the NFL released a 144-page written report related to an investigation into the Miami Dolphins' alleged culture of harassment and bullying.
CNN —A year-long investigation by the House Committee on Oversight and Reform revealed on Thursday that Washington Commanders owner Dan Snyder established a “culture of fear” within the NFL organization and attempted to intimidate witnesses from cooperating with investigators. The 79-page report found “sexual harassment, bullying, and other toxic conduct” pervaded the workplace for decades. An internal investigation by attorney Beth Wilkinson last year resulted in the NFL fining the Commanders $10 million and Snyder handing control of the franchise’s daily operations to his wife. But the NFL declined to publicly release its findings, sparking the House Oversight Committee’s review in October. NFL spokesman Brian McCarthy issued a statement on Thursday afternoon in response to the report’s findings, saying it did not impede the investigation.
New York CNN Business —Jeff Bezos may be adding NFL owner to his resume. The Amazon founder, along with Jay-Z, is in talks on a potential joint bid on the Washington Commanders, CNN reported earlier this month. The NFL fined the Commanders $10 million following an internal investigation by attorney Beth Wilkinson last year. Why would Bezos want to own the Commanders? The Commanders have won three Super Bowls (in 1983, 1988 and 1992) and is located in the giant Washington, DC, market.
CNN —DC Attorney General Karl Racine announced a lawsuit against embattled Washington Commanders owner Dan Snyder, the team and the NFL on Thursday, alleging they colluded to deceive DC residents about an NFL investigation into the team’s toxic workplace culture and allegations of sexual assault. The lawsuit cites the District of Columbia’s Consumer Protection Procedures Act, which gives the Attorney General broad authority to hold individuals or a company accountable for misleading customers. At the same time, Snyder and the team tried to interfere with and obstruct the investigation, the lawsuit states. The Attorney General said the penalties could run into the millions of dollars. Robinson’s agent Ryan Williams tweeted his displeasure with the Commanders’ statement on Wednesday night.
CNN —Washington Commanders owner Dan Snyder is considering a sale of the team. Through a team statement on Wednesday, Dan and his wife, Tanya, announced that they hired Bank of America Securities “to consider potential transactions.”Snyder has been accused of fostering a “toxic workplace” by a House Oversight Committee investigating the Commanders owner. Last year, after an internal investigation by attorney Beth Wilkinson, the NFL fined the Commanders $10 million and Snyder handed control of the franchise’s daily operations to Tanya. Snyder has denied the accusations. The Commanders statement in full reads: “Dan and Tanya Snyder and the Washington Commanders announced today that they have hired BofA Securities to consider potential transactions.
CNN —Washington Commanders owner Daniel Snyder has denied allegations that he hired private investigators to look into his NFL counterparts, as well as league commissioner Roger Goodell. I have never hired any private investigator to look into any owner or the Commissioner. I have never instructed or authorized my lawyers to hire any private investigator on my behalf for any such purpose. The NFL, however, declined to publicly release its findings, sparking a House Oversight Committee review in October. The NFL hired former Securities and Exchange Commission (SEC) Chairwoman Mary Jo White earlier this year to investigate workplace misconduct against Snyder.
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