around the world about losing access to popular Activision Blizzard game franchises such as the military shooter game Call of Duty.
“It’s evident that the company has been making a number of concessions,” he said. “Microsoft would likely raise them in court and say the FTC is being incorrigibly stubborn about this.”Call of Duty available on Nintendo The deal is also under close scrutiny in the European Union and the United Kingdom, where investigations aren’t due to be completed until next year.
“The allegation that this deal is anti-competitive doesn’t align with the facts, and we believe we’ll win this challenge,” Kotick wrote."We believe these arguments will win despite a regulatory environment focused on ideology and misconceptions about the tech industry,” he said.
Both the Justice Department and the FTC this year have looked at strengthening merger guidelines to better detect and prevent illegal and anticompetitive deals.to block Facebook parent Meta’s acquisition of a virtual-reality company Thursday in a San Jose, California, courtroom.
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:
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.
FTC sues to block Microsoft-Activision Blizzard $69B mergerThe Federal Trade Commission said Thursday it is suing to block Microsoft’s planned $69 billion takeover of video game company Activision Blizzard, saying it could suppress competitors to its Xbox game consoles and its growing games subscription business. My trans sons use to play call of duty before they transitioned but won't play it anymore because they refuse to be inclusive towards trans people now. So Sony can make games exclusive but Microsoft can’t? If the takeover doesn't work the first time, just unplug it and plug it back in. Usually does the trick.
Source: AP - 🏆 728. / 51 Read more »
FTC sues to block Microsoft-Activision Blizzard $69B mergerThe Federal Trade Commission said Thursday it is suing to block Microsoft’s planned $69 billion takeover of video game company Activision Blizzard, saying it could suppress competitors to its Xbox game consoles and its growing games subscription business.
Source: KPRC2 - 🏆 80. / 68 Read more »
FTC sues to block Microsoft-Activision Blizzard mergerNEW: The FTC is suing to block Microsoft's $69 billion acquisition of video game developer Activision Blizzard. nice
Source: axios - 🏆 302. / 63 Read more »
FTC sues to block Microsoft-Activision Blizzard $69 billion mergerThe Federal Trade Commission said the merger could suppress competitors to Microsoft’s Xbox game consoles and growing games subscription business.
Source: ladailynews - 🏆 332. / 59 Read more »
FTC sues to block Microsoft-Activision Blizzard $69B mergerThe FTC says the merger could suppress competitors to its Xbox game consoles and its growing games subscription business.
Source: PennLive - 🏆 463. / 53 Read more »