Thread regarding VMware layoffs

FTC postponed approval

https://ts2.space/en/the-federal-trade-commission-postpones-approval-for-broadcoms-vmware-takeover/#gsc.tab=0

The FTC’s decision to postpone approval is based on concerns that the acquisition could potentially stifle competition in the market. The agency is particularly worried about the impact on innovation and pricing in the cloud computing sector, which plays a crucial role in various industries, including finance, healthcare, and telecommunications.

by
| 2612 views | | 6 replies (last November 22, 2023) | Reply
Post ID: @OP+1pHJAMPC

6 replies (most recent on top)

FAKE NEWS

by
| | Reply
Post ID: @1jie+1pHJAMPC

@zjp+1pHJAMPC
it's just nonsensical spam on a site full of malware. give you 2 guesses who coded it

by
| | Reply
Post ID: @ujm+1pHJAMPC

Not irrelevant yet

https://www.ftc.gov/enforcement/competition-matters/2021/08/adjusting-merger-review-deal-surge-merger-filings

"However, the law permits the antitrust agencies to determine that a merger is illegal even after the companies have merged and even if the merger was subject to premerger review. When the FTC does not challenge a transaction prior to its consummation, this does not constitute an “approval” or “clearance” of the deal, and the agency maintains the right to challenge a deal regardless of whether it was initially investigated. The FTC always has the right to take such further action as the public interest may require."

by
| | Reply
Post ID: @mry+1pHJAMPC

STOP

FTC is IRRELEVANT now.

by
| | Reply
Post ID: @mcl+1pHJAMPC

Guys. Please stop with this nonsense already. Folks have already gone though he-l. Let there be a closure. 🙏🏻
FYI, I don’t have an offer but, atleast I’m happy for my colleagues. My life will start new in the new year.

by
| | Reply
Post ID: @psx+1pHJAMPC

This is a verified fake story. Many tell-tale signs like claiming the deal is valued at $10 billion, and no other source saying this

by
| | Reply
Post ID: @zjp+1pHJAMPC

Post a reply

: