The Federal Trade Commission has sued to block Microsoft’s $69 billion deal to buy Activision Blizzard, claiming that the mega-deal would stifle competition in the lucrative video-game industry, sources told The Post.
Smith this week publicly offered a 10-year license agreement to Sony allowing its PlayStation to sell “Call of Duty” and receive new games at the same time as Microsoft’s Xbox customers. He also announced he had reached a 10-year agreement with Nintendo to offer the games on its consoles and its current-generation hardware Switch.
Slaughter on Wednesday had asked Microsoft’s Smith questions and was engaged at their meeting, a source said. But in the end Smith could not convince her to go against the agency’s boss. Microsoft President Smith had argued that Microsoft’s deal would still leave it the No. 3 player in video games behind Sony and Nintendo.That wasn’t enough in the end for Khan and the commissioners who have shown a reluctance to approve mergers with behavorial remedies, those that require responsible behavior post-merger.
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FTC Sues to Block Microsoft’s $69 Billion Activision Blizzard AcquisitionThe FTC is seeking to block Microsoft from acquiring Activision Blizzard, maker of video-game franchises including “Call of Duty,” “Overwatch” and “World of Warcraft,&…
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FTC sues to block Microsoft's $69 billion acquisition of game giant Activision BlizzardThe acquisition would 'enable Microsoft to suppress competitors,' the suit alleges That is probably good for Microsoft since they were going to overpay big time for it. Long term it would have been good for the company though.
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FTC sues to block Microsoft's $69 billion acquisition of Activision Blizzard | CNN BusinessThe Federal Trade Commission on Thursday sued to block Microsoft's $69 billion acquisition of Activision Blizzard, challenging one of the largest tech acquisitions in history. Get instant bonus 🙏 Final race. Final push. Let’s 🚀 AkbaGhafari was arrested in Tehran, Fallah district, and his crime is harboring several protesters. IR wrote for him: 'I killed a person, I am glad that I killed!' And Akbar signed that because he was illiterate and under the pressure of torture! MahsaAmini UN CNN N victorhg
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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
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FTC issues complaint over Microsoft's Activision Blizzard acquisition | Digital TrendsThe FTC has filed a complaint about Microsoft's $69 billion acquisition of ActivisionBlizzard.
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