FTC Sues to Block Microsoft-Activision Blizzard Merger

Blizzard, saying it could suppress competitors to its Xbox game consoles and its growing games subscription business.

The FTC’s complaint points to Microsoft’s previous game acquisitions, especially of well-known developer Bethesda Softworks and its parent company ZeniMax, as an example of where Microsoft made some popular game titles exclusive despite assuring European regulators it had no intention to do so. “While we believed in giving peace a chance, we have complete confidence in our case and welcome the opportunity to present our case in court,” Smith said.

Smith said Microsoft has been committed to addressing competition concerns and brought proposed concessions to the FTC earlier this week.

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FTC suing to block Microsoft's $69bn Activision Blizzard acquisitionThe United States government's Federal Trade Commission is suing to block Microsoft's $69bn USD acquisition of Activisi… ftc lawyers vs microsoft lawyers lmaoo 💀 Si esta compra no se llega a realizar, toda la furia de Microsoft caerá sobre Sony FTC is protecting Sony and not consumers. Lol
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Confirmed: The FTC is suing to block Microsoft’s acquisition of Activision Blizzard | VGCBreaking: The FTC is suing Microsoft in an attempt to block its acquisition of Activision Blizzard, it's been reported. Good hope they win This is music to my ears. Really hope this is blocked 🙏🏾 Get ready for the great future of Activision if it gets blocked... More Diablo immortals and overpriced Skins and gun colors for everyone! Hope you like microtransactions because that's Activison's future. There was a reason they wanted to sell...
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FTC moves to block Microsoft's acquisition of Activision BlizzardThe FTC has announced its intent to move to block Microsoft's attempt to acquire Activision Blizzard, stating that 'Microsoft has already shown that it can and will withhold content from its gaming rivals.” That’s shameful, it should be up to the parties involved.
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FTC Seeks to Block Microsoft Corp.’s Acquisition of Activision Blizzard, Inc.The Federal Trade Commission is seeking to block technology giant Microsoft Corp. from acquiring leading video game developer Activision Blizzard, Inc. So Microsoft offers deal to Nintendo and Sony, but according to the FTC this would suppress competitors Meanwhile, Sony has exclusives, upon exclusives 😕
La source: TheRegister - 🏆 67. / 61 Lire la suite »

FTC sues to block Microsoft’s $75bn acquisition of Activision Blizzard\n\t\t\tExclusive scoops\n\t\t\tSmart data to help spot risk and opportunity\n\t\t\tAnalysis of broader trends in M&A\n\t\t\tLex, our agenda-setting business commentary (Premium only)\n\t\t\tDue Diligence, an exclusive M&A newsletter (Premium only)\n\t\t Very good FTC The FTC is about to lose. $1.8T MSFT with its teams of Harvard Law Grads against Univ of Phoenix FTC Law Grads. Good Luck Uncle Sam 🤣😂🤣😂
La source: FT - 🏆 113. / 51 Lire la suite »