The Activision Blizzard Booth during the Electronic Entertainment Expo in Los Angeles, June 13, 2013. The Federal Trade Commission said Thursday, Dec. 8, 2022, that 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.
Microsoft’s president, Brad Smith, signaled in a statement Thursday that the company is likely to challenge the FTC’s decision. Microsoft announced the merger deal in January but has faced months of resistance from Sony, which makes the competing PlayStation console and has raised concerns with antitrust watchdogs around the world about losing access to popular Activision Blizzard game franchises such as the military shooter game Call of Duty.
In an appeal to Biden administration priorities, Microsoft had also sought to characterize its deal as worker-friendly after announcing a “labor neutrality agreement” in June with the Communications Workers of America that would allow workers to unionize after the acquisition closes. The union’s president, Chris Shelton, wrote an opinion column in The Hill this week calling on the FTC to “seal the deal, not blow it up.
Led by FTC Chair Lina Khan, a legal scholar who’s advocated for tougher antitrust enforcement, the commission is made up of three Democrats and one Republican after a second Republican stepped down earlier this year and left an open seat on the panel.
Nice.
Why is this what you are posting about when a Dean of Students of a major school in your city is exposing 14 year olds to butt plugs and dildos at Francis W. Parker HS?
เราได้สรุปข่าวนี้มาให้อ่านอย่างรวดเร็ว หากสนใจข่าว สามารถอ่านฉบับเต็มได้ที่นี่ อ่านเพิ่มเติม:
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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,&…
แหล่ง: Variety - 🏆 108. / 63 อ่านเพิ่มเติม »
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.
แหล่ง: MarketWatch - 🏆 3. / 97 อ่านเพิ่มเติม »
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
แหล่ง: CNN - 🏆 4. / 95 อ่านเพิ่มเติม »
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.
แหล่ง: AP - 🏆 728. / 51 อ่านเพิ่มเติม »
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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