FTC Sues to Block Microsoft’s $69 Billion Activision Blizzard Acquisition

  • 📰 Variety
  • ⏱ Reading Time:
  • 36 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 63%

Business News News

Business Business Latest News,Business Business Headlines

The FTC is seeking to block Microsoft from acquiring Activision Blizzard, maker of video-game franchises including “Call of Duty,” “Overwatch” and “World of Warcraft,&…

, maker of video-game franchises including “Call of Duty,” “Overwatch” and “World of Warcraft,” alleging that it would let Microsoft “suppress competitors” in the sector.

“With control over Activision’s blockbuster franchises, Microsoft would have both the means and motive to harm competition by manipulating Activision’s pricing, degrading Activision’s game quality or player experience on rival consoles and gaming services, changing the terms and timing of access to Activision’s content, or withholding content from competitors entirely, resulting in harm to consumers,” the FTC said in announcing the lawsuit.

. In that case, Microsoft “decided to make several of Bethesda’s titles including ‘Starfield’ and ‘Redfall’ Microsoft exclusives despite assurances it had given to European antitrust authorities that it had no incentive to withhold games from rival consoles.”

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 108. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Xbox Being Sued by FTC Over Activision Blizzard AcquisitionThe FTC, one of the biggest government agencies in the United States, is suing Microsoft in an [...] Microsoft should block destiny on Xbox until Sony agrees to it's Call of Duty terms
Source: ComicBook - 🏆 65. / 68 Read more »

U.S. Regulator Sues Microsoft to Block Activision AcquisitionThe Federal Trade Commission seeks to stop the tech giant from ‘harming competition’ in the gaming market Checkmate. These monopolies need to be stopped. They only benefit the shareholders, and give too much power to owners. They also hamper competition. These monopolies do not benefit the average customer.
Source: WSJ - 🏆 98. / 63 Read more »

Microsoft to bring 'Call of Duty' to Nintendo if Activision merger approvedMicrosoft Corp. said late Tuesday it has made a '10-year commitment' to bring the massively popular 'Call of Duty' videogame series to Nintendo Co. consoles,...
Source: MarketWatch - 🏆 3. / 97 Read more »