This podcast episode explores the regulatory scrutiny surrounding big tech companies, particularly concerning the Microsoft-Activision deal and European antitrust concerns. The speakers discuss the challenges regulators face in dealing with the scale and impact of these companies, as traditional antitrust laws may not be sufficient to address their influence on the economy. Despite the approval of the Microsoft-Activision deal by a U.S. judge, the deal still faces potential appeals and objections from UK regulators. The episode also examines the changing landscape of Hollywood, including the potential decline of superhero movies and the rise of toy-based cinematic universes, emphasizing the growing importance of originality and execution in attracting audiences.