Feds Say Skype Buy A-OK
Remember when the entire U.S. government was lined up against Microsoft to claim the company abused its monopoly powers? If you are middle-age like me you either remember it well or your synapses have already stopped working.
Those days are long gone. Now Redmond can do whatever it wants, including buying Skype for $8.5 billion and cornering the market on Internet-based telephony and video.
Regulators in the U.S. looked over the deal and can't see any reason to stop it.
This is the same FTC that went after Microsoft before turning the case over to the Justice Department. Amazing what a decade or two can do to government perspectives.
The only thing that can really stop the deal now is international opposition.
Do you use Skype? If so, what do you think? I'm dying to hear at [email protected].
Posted by Doug Barney on 06/22/2011 at 1:18 PM