Report: FTC will file to block Microsoft’s $69B Activision Blizzard acquisition
https://arstechnica.com/gaming/2023/06/report-ftc-will-file-to-block-microsofts-69b-activision-blizzard-acquisition/
A source has told Reuters that the US Federal Trade Commission (FTC) will file an injunction seeking to block Microsoft's acquisition of Activision Blizzard in a $69 billion deal.
The FTC had previously filed a lawsuit in December seeking to block the deal, arguing that Microsoft's acquisition of the major game studio would allow it to "suppress competitors to its Xbox gaming consoles and its rapidly growing subscription content and cloud-gaming business." In that filing, the FTC pointed to Microsoft's prior acquisition of Bethesda Software's parent company, Zenimax, and the subsequent making of its upcoming epic RPG Starfield exclusive to Windows and Xbox, despite Microsoft's prior statements to European antitrust authorities.