Microsoft + Activision Blizzard Deal to Be Handled by the Harsher FTC
https://wccftech.com/microsoft-activision-blizzard-deal-to-be-handled-by-the-harsher-ftc/
Following the announcement of Sony's deal to acquire Bungie for $3.6 billion, there's yet more negative news (albeit unofficial as of now) for Microsoft. Bloomberg reports that the massive deal to acquire Activision Blizzard for nearly $70 billion will be handled by the US Federal Trade Commission (FTC) instead of the Department of Justice (DOJ).
The FTC is generally perceived to be a harsher obstacle to get through. That's particularly true since Lina Khan was appointed as Chair by Joe Biden, as Khan is well-known to be critical of Big Tech. She rose to prominence with the famous essay titled Amazon's Antitrust Paradox.
Microsoft + Activision Blizzard Deal to Be Handled by the Harsher FTC
Feb 1, 2022, 9:33am UTC
https://wccftech.com/microsoft-activision-blizzard-deal-to-be-handled-by-the-harsher-ftc/
> Following the announcement of Sony's deal to acquire Bungie for $3.6 billion, there's yet more negative news (albeit unofficial as of now) for Microsoft. Bloomberg reports that the massive deal to acquire Activision Blizzard for nearly $70 billion will be handled by the US Federal Trade Commission (FTC) instead of the Department of Justice (DOJ).
> The FTC is generally perceived to be a harsher obstacle to get through. That's particularly true since Lina Khan was appointed as Chair by Joe Biden, as Khan is well-known to be critical of Big Tech. She rose to prominence with the famous essay titled Amazon's Antitrust Paradox.