FTC reportedly seeks injunction to stop Microsoft’s Activision Blizzard deal
https://techcrunch.com/2023/06/12/ftc-reportedly-seeks-injunction-to-stop-microsofts-activision-blizzard-deal/
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 agency has reportedly applied for an injunction to prevent the deal going ahead before its own official judgment on the situation later this year.
Microsoft announced its intention to buy the gaming giant early last year as a way to bolster its own Xbox and PC gaming division, which has struggled to outplay perennial rival Sony. (Though yesterday’s impressive Xbox showcase clearly indicates that the war is far from over.)