Microsoft's acquisition of Activision Blizzard could be challenged in the US - Hypertext

  • 📰 htxtafrica
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 51%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Microsoft’s acquisition of Activision Blizzard could be challenged in the US

Ever since that announcement, however, Microsoft has faced an uphill battle against competitors and regulators as it tries to finalise this acquisition. Until now the most push back we’ve seen from a government is inwhich, citing sources “with knowledge of the matter”, reports that the Federal Trade Commission is potentially filing an anti-trust lawsuit in relation to this acquisition.

And as Politico points out, the FTC appears to be more worried about what happens post-acquisition and how Microsoft would wield this power. “Any suggestion that the transaction could lead to anticomp effects is completely absurd. This merger will benefit gamers and the US gaming industry, especially as we face increasingly stiff competition from abroad,” spokesperson for the Warcraft maker, Joe Christinat said.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 42. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

South Africa South Africa Latest News, South Africa South Africa Headlines