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microsoft-challenges-ftc’s-block-of-$687b-acquisition-of-activision-blizzard-inc.:-report

Microsoft challenges FTC’s block of $68.7B acquisition of Activision Blizzard Inc.: Report

By BizTech Weekly Dec 23, 2022

Microsoft announced in January that it was buying the ‘Call of Duty’ maker Activision Blizzard in a planned $69 billion deal, making it the biggest gaming industry deal in history. But the deal has raised concerns that it could stifle competition, specifically in terms of major franchises like’call of Duty,’ that are currently available on Microsoft’s Xbox gaming console, Sony PlayStation, and PC. The FTC also claims the merger would give Microsoft an unfair advantage and violate antitrust laws. . . .

Read more at www.foxbusiness.com

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