Home Technology Activision Blizzard ‘won’t hesitate to fight’ to defend Microsoft’s acquisition

Activision Blizzard ‘won’t hesitate to fight’ to defend Microsoft’s acquisition

by News Desk
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activision blizzard‘s CCO said the company “will not hesitate to fight” to ensure microsoft I have successfully obtained.

Lulu Cheng Meservey, Executive Vice President and CCO of Corporate Affairs, took to Twitter to address “speculation” about ongoing antitrust investigations currently being conducted by various global regulators.

“There is a lot of speculation about Microsoft’s acquisition of Activision Blizzard,” she said.

“Any suggestion that this deal could have anti-competitive effects is ludicrous.

“This merger will benefit gamers and the U.S. gaming industry, especially as we face increased international competition.

“We are committed to working with regulators around the world to advance the deal, but will not hesitate to fight to defend the deal if necessary.”

Meservey commented, Politico US Federal Trade Commission “Highly Likely to File an Antitrust Lawsuit” To block Microsoft’s proposed acquisition of Activision Blizzard.

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The antitrust lawsuit means Microsoft will have to fight in US courts to proceed with its acquisition of the Call of Duty maker.

The report, citing three sources, said that lawsuits challenging the deal were uncertain, but that FTC Chairman Rina Khan aims to “control the power of the world’s biggest tech companies.” claimed.

Although the transaction has been approved by the regulator, Saudi Arabia When Brazilthe UK watchdog, the recent CMA Investigation expanded to the second stage.

The European Commission also Formally launching a detailed investigation Of the $68.7 billion in deals, the gaming industry’s Longest distance ever.