Microsoft, U.S. regulators head to court over $69 billion deal that could reshape video gaming

Microsoft, U.S. regulators head to court over $69 billion deal that could reshape video gaming

a year ago
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https://apnews.com/article/microsoft-activision-video-game-takeover-court-ftc-caebb00c5c762c7c82cf7a62885424ba

SAN FRANCISCO (AP) — Microsoft on Thursday will try to gain clearance to complete a $69 billion takeover of video game maker Activision Blizzard in a legal showdown with U.S. regulators that will reshape a pastime that's bigger than the movie and music industries combined.

The battle will pit Microsoft's ambition to expand its video game imprint beyond its Xbox console against the U.S. Federal Trade Commission's bid to block a deal that it contends will stifle competition and innovation to the detriment of consumers.