Home Technology FTC Expected to Challenge Microsoft’s Activision Blizzard Deal

FTC Expected to Challenge Microsoft’s Activision Blizzard Deal

by News Desk
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Microsoft’s desire to acquire Activision Blizzard is expected to take a major hit as the Federal Trade Commission (FTC) “probably” challenges it. $68.7 billion deal.

As political reporting(opens in new window)Three people familiar with the matter believe the FTC will file antitrust lawsuits to block future transactions.

The investigation is still ongoing, and the FTC’s four commissioners have yet to meet with attorneys from either company. But his FTC staff, who compiled information during the investigation, including depositions from key figures at Microsoft (Satya Nadella) and Activision Blizzard (Bobby Kotick), said they were “skeptical of both companies’ claims. is believed to be

The FTC has yet to officially comment, but the main issue is the “undue boost” Microsoft is expected to receive in the video game market once the deal is completed. Activision Blizzard holds intellectual property rights in Call of Duty, Crash Bandicoot, Guitar Hero, Tony Hawk’s, Spyro, Skylanders, World of Warcraft, StarCraft, Diablo, Hearthstone, Heroes of the Storm, Overwatch, and Candy Crush It is important to remember that Saga.

There’s little doubt that transferring all of its IP to the console maker would help, but Microsoft has basically argued that that’s no reason to stop the sale. However, if the FTC decides to contest the deal, it will put Microsoft in a difficult situation. England When EU With what already appears to be an equal level of skepticism, we’re doing more in-depth research.

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Politico notes that the acquisition has a July 2023 deadline, after which renegotiations will be required. If the FTC files an administrative action in the next few weeks, it is questionable whether it will be resolved before that deadline expires.

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