The FTC said it is suing to block Microsoft’s planned $69 billion takeover of video game company Activision Blizzard, saying it could suppress competitors
Blizzard, saying it could suppress competitors to its Xbox game consoles and its growing games subscription business.
The FTC’s complaint points to Microsoft’s previous game acquisitions, especially of well-known developer Bethesda Softworks and its parent company ZeniMax, as an example of where Microsoft made some popular game titles exclusive despite assuring European regulators it had no intention to do so. “While we believed in giving peace a chance, we have complete confidence in our case and welcome the opportunity to present our case in court,” Smith said.
Smith said Microsoft has been committed to addressing competition concerns and brought proposed concessions to the FTC earlier this week.
Belgique Dernières Nouvelles, Belgique Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
FTC suing to block Microsoft's $69bn Activision Blizzard acquisitionThe United States government's Federal Trade Commission is suing to block Microsoft's $69bn USD acquisition of Activisi…
Lire la suite »
Confirmed: The FTC is suing to block Microsoft’s acquisition of Activision Blizzard | VGCBreaking: The FTC is suing Microsoft in an attempt to block its acquisition of Activision Blizzard, it's been reported.
Lire la suite »
FTC moves to block Microsoft's acquisition of Activision BlizzardThe FTC has announced its intent to move to block Microsoft's attempt to acquire Activision Blizzard, stating that 'Microsoft has already shown that it can and will withhold content from its gaming rivals.”
Lire la suite »
FTC Seeks to Block Microsoft Corp.’s Acquisition of Activision Blizzard, Inc.The Federal Trade Commission is seeking to block technology giant Microsoft Corp. from acquiring leading video game developer Activision Blizzard, Inc.
Lire la suite »
FTC sues to block Microsoft’s $75bn acquisition of Activision Blizzard\n\t\t\tExclusive scoops\n\t\t\tSmart data to help spot risk and opportunity\n\t\t\tAnalysis of broader trends in M&A\n\t\t\tLex, our agenda-setting business commentary (Premium only)\n\t\t\tDue Diligence, an exclusive M&A newsletter (Premium only)\n\t\t
Lire la suite »
Microsoft says it’s ready for a court battle after FTC sues to block Activision deal | VGCMicrosoft says it’s ready for a court battle after the FTC sued to block its acquisition of Activision Blizzard. “While we believed in giving peace a chance, we have complete confidence in our case and welcome the opportunity to present our case in court”
Lire la suite »