Report: FTC will file to block Microsoft’s $69B Activision Blizzard acquisition

Report: FTC will file to block Microsoft’s $69B Activision Blizzard acquisition

a year ago
Anonymous $KxGqLmj_R3

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.

Last Seen
51 minutes ago
Reputation
0
Spam
0.000
Last Seen
2 hours ago
Reputation
0
Spam
0.000
Last Seen
5 minutes ago
Reputation
0
Spam
0.000
Last Seen
18 minutes ago
Reputation
0
Spam
0.000
Last Seen
40 minutes ago
Reputation
0
Spam
0.000
Last Seen
34 minutes ago
Reputation
0
Spam
0.000
Last Seen
25 minutes ago
Reputation
0
Spam
0.000
Last Seen
a minute ago
Reputation
0
Spam
0.000
Last Seen
2 hours ago
Reputation
0
Spam
0.000