FTC suing to block Microsoft's $69bn Activision Blizzard acquisition

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FTC confirms it's suing to block Microsoft's $69bn Activision Blizzard acquisition

In a news release announcing the lawsuit, the FTC pointed to Microsoft's, and the company's subsequent decision to make games from its subsidiaries - namely Bethesda's Starfield and Redfall - exclusive to Microsoft devices, despite previously assuring European regulators it had no incentive to withhold games from rival consoles.

"Microsoft has already shown that it can and will withhold content from its gaming rivals," the FTC's director of bureau competition Holly Vedova said in a statement."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.

"But that could change if the deal is allowed to proceed," the FTC adds.

The FTC is the first regulator to attempt to block Microsoft's acquisition of Activision Blizzard; several other countries, including Saudi Arabia andHowever, the acquisition currently remains under close scrutiny in both the

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Both companies have had exclusives for years, bought up companies, and have deals behind curtains. So using that as a reason that this is happening is dumb. Both sides are guilty, Sony has just been more consistent with releases so that blinds people.

Hope it's blocked in its tracks, gamepass is bad for retail as a whole

I think xbox pretty much has activision on their side since PlayStation has also been playing the same game and keeping games away from other consoles just in a bigger scale and way anti consumer

👀😂🤣☠️

voltest52122 Peace was never the answer. What Microsoft has need was to fight fire with fire. Sony wants to play dirty then Xbox should just fight back. Holding back just benefits Sony

I hope this is going to be the bloodbath I think it's gonna be. I want to see the FTC and Sony be put in the corner.

Haha. he's going to find out he is about to have a 3 way fight with the CMA + EC + FTC. LOLOL.

FTC should be at the Game Awards and make a official announcement.

“While we believed giving a peace a chance” now I understand why this co. has been in last place for this long The management lol

That’s what I want to hear, let’s destroy the FTC and Sony at court and make NO concessions

Microsoft has a strong case. The competition will be enhanced by Microsoft's acquisition of Activision. Their IPs will be on more platforms and available in many forms.

And what lose in court and waste everybody’s time?

Good but it will likely go through

ftc lawyers vs microsoft lawyers lmaoo 💀

Si esta compra no se llega a realizar, toda la furia de Microsoft caerá sobre Sony

FTC is protecting Sony and not consumers. Lol

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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 🤣😂🤣😂
Source: FT - 🏆 113. / 51 Read more »