Microsoft, Activision Blizzard Confident Merger Will Close As FTC Prepares To Challenge $69-Billion Deal In Court – Update

I wanted to provide a brief update on our pending merger with Microsoft. This week the U.S. announced its decision to challenge the deal. This means they will file a lawsuit to block the merger, and arguments will be heard by a judge.

Thanks to the hard work by all of you every day, we’re on a strong path, bringing epic joy to players around the world with what I believe are the greatest games in the industry. At the same time, the competitive landscape is shifting, and, simply put, a combined Microsoft-ABK will be good for players, good for employees, good for competition and good for the industry. Our players want choice, and this gives them exactly that.

Today the agency pointed to Microsoft’s “record of acquiring and using valuable gaming content to suppress competition from rival consoles,” including in its acquisition of ZeniMax, parent company of Bethesda Softworks. Microsoft made several Bethesda’s titles including Microsoft exclusives despite assuring European antitrust authorities that it had no incentive to withhold games from rival consoles, the FTC said.

This deal should not go through

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