The FTC voted, 3-1 to issue the complaint, with all three Democrats—Lina Khan, Alvaro Bedoya, and Rebecca Kelly Slaughter—supporting the move, and Republican Christine S. Wilson voting no...
Sandeep Vaheesan, legal director at the Open Markets Institute, an anti-monopoly group, warned that"if Microsoft acquired Activision, it could use Activision's valuable portfolio of games as a competitive weapon, withholding titles from rival consoles or offering lower quality versions of them, to give its own Xbox and cloud-gaming service a leg-up."
that"today's action is of incredible importance in ensuring fair and open competition in gaming and across the larger digital economy. The FTC is showing, once again, that it is serious about enforcing the law, reversing corporate concentration, and taking on the tough cases."
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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.
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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
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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.
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