Activision

FTC sues to block Microsoft's $69 billion acquisition of Activision Blizzard

FTC sues to block Microsoft’s $69 billion acquisition of Activision Blizzard

UPDATE 8 p.m.: Microsoft has responded to the FTC’s announcement of a lawsuit to block its $69 billion acquisition of Activision Blizzard. “We continue to believe that this agreement will expand competition and create more opportunities for gamers and game developers,” Microsoft Vice President and President Brad Smith said in a statement. “We have been …

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FTC sues to block Microsoft's acquisition of gaming giant Activision

FTC sues to block Microsoft’s acquisition of gaming giant Activision

Comment this story Comment The Federal Trade Commission on Thursday filed a lawsuit to block Microsoft’s $69 billion acquisition of video game maker Activision Blizzard, saying the massive deal would allow the Washington-based tech giant to remove its gaming competitors. The lawsuit represents the FTC’s largest effort to curb consolidation in the tech industry since …

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Microsoft's Activision deal hangs on long-term FTC deal team Biden hates

Microsoft’s Activision deal hangs on long-term FTC deal team Biden hates

(Bloomberg) – The best chance for Microsoft Corp. to win US regulators’ approval for its $69 billion Activision Blizzard Inc. deal is to persuade the Biden administration to agree to a settlement in which the Xbox maker agrees not to withhold its popular titles of its rivals. Bloomberg’s Most Read It’s a very long shot …

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