The FTC also claims the merger would give Microsoft an unfair advantage and violate antitrust laws by suppressing competitors to its gaming console and Xbox Game Pass subscription business.
The Activision Blizzard Booth during the Electronic Entertainment Expo in Los Angeles, June 13, 2013. The European Union has on Tuesday, Nov. 8, 2022 launched an investigation into Microsoft’s planned takeover of video game giant Activision Blizzard, In a 3-1 vote earlier this month, the FTC agreed to file a complaint against Microsoft to block the deal.In Microsoft’s challenge on Thursday, the company downplays the Xbox as being the "third-place manufacturer of gaming consoles" behind Sony and Nintendo, the Associated Press reported, adding that it has nearly no presence in the mobile gaming world.
Microsoft’s filing also shows it is ready to fight the case in court but leaves the possibility of a settlement open."Even with confidence in our case, we remain committed to creative solutions with regulators that will protect competition, consumers, and workers in the tech sector," said Microsoft’s president, Brad Smith, in a statement Thursday.
The government should have no right to interfere with private businesses mergers, or being bought and sold. if one company wants to buy all other business and have the money, they should have every right to
STOP THE BLOCK !
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