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The FTC argues that through this $69 billion deal, Microsoft will be able to suppress competition from rival consoles by making Activision Blizzard games exclusive to its platforms.
Over the next week, Microsoft, Activision Blizzard, and the FTC will determine the fate of the gaming companies involved in this acquisition and set a precedent for the future of the game industry.
The Federal Trade Commission is moving to block the tech giant Microsoft from acquiring the gaming powerhouse Activision Blizzard, a spokesperson for the agency said. “We have filed a request ...
The Federal Trade Commission said Thursday, Dec. 8, 2022, that it is suing to block Microsoft’s planned $69 billion takeover of video game company Activision Blizzard, saying it could suppress ...
The Federal Trade Commission on Thursday sued to block Microsoft’s $69 billion acquisition of Activision Blizzard, challenging one of the largest tech acquisitions in history.
Activision Blizzard CEO Bobby Kotick, in a memo to staff after the FTC’s announcement, wrote that the lawsuit “sounds alarming, so I want to reinforce my confidence that this deal will close.
The Federal Trade Commission has sued to block Microsoft's $69 billion deal to buy Activision Blizzard, claiming that the mega-deal would stifle competition in the lucrative video-game industry ...
FTC drops 2-year case against Microsoft's $68.7 billion acquisition of Activision Blizzard; FTC loses bid to block Microsoft's acquisition of Activision Blizzard, which already happened in 2023; ...
Activision Blizzard’s software combined with Microsoft’s capital, computing, and production capacity would create a monopoly and edge competitor Sony out of the market, the FTC further reasoned.
Microsoft’s proposed $68.7 billion acquisition of Activision Blizzard has received a mixed response from regulators around the world, but the Federal Trade Commission may be its biggest critic ...
The FTC showed its hand as it targeted Xbox's exclusives in Day 1 of the Activision Blizzard merger trial. A few months ago, the UK's Competition and Markets Authority hinged its block of the ...
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