The FTC has announced its intent to move to block Microsoft's attempt to acquire Activision Blizzard, stating that"Microsoft has already shown that it can and will withhold content from its gaming rivals.”confirms that the Commission will be intervening in an attempt to prevent Microsoft from acquiring Activision Blizzard.
Holly Vedova, director of the FTC’s Bureau of Competition adds that Microsoft"has already shown that it can and will withhold content from its gaming rivals" with those titles. “Today we seek to stop Microsoft from gaining control over a leading independent game studio and using it to harm competition in multiple dynamic and fast-growing gaming markets.
That’s shameful, it should be up to the parties involved.
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FTC sues to block Microsoft’s $75bn acquisition of Activision Blizzard\n\t\t\tExclusive scoops\n\t\t\tSmart data to help spot risk and opportunity\n\t\t\tAnalysis of broader trends in M&A\n\t\t\tLex, our agenda-setting business commentary (Premium only)\n\t\t\tDue Diligence, an exclusive M&A newsletter (Premium only)\n\t\t Very good FTC The FTC is about to lose. $1.8T MSFT with its teams of Harvard Law Grads against Univ of Phoenix FTC Law Grads. Good Luck Uncle Sam 🤣😂🤣😂
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