The Federal Trade Commission in the United States is reportedly 'likely' to try and block Microsoft's acquisition of Activision Blizzard.
Microsoft’s acquisition of Activision Blizzard could be heading to court., the United States Federal Trade Commission is “likely” to file an antitrust lawsuit in order to block Microsoft’s acquisition of Activision Blizzard. The company, which announced the $69 billion purchase of the gaming behemoth earlier this year, could be facing a court battle to get the acquisition to go through, according to three people familiar with the matter.
A lawsuit challenging the deal is not guaranteed, and the FTC’s four commissioners have yet to vote out a complaint or meet with lawyers for the companies, two of the people said. However, the FTC staff reviewing the deal are skeptical of the companies’ arguments, those people said.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
PlayStation Says Microsoft Activision Deal Could Lead to Price Increase for Xbox Series XEarlier this year, Microsoft announced its intent to purchase Activision Blizzard, but regulators [...]
Read more »
Xbox's Attempt to Buy Activision Just Hit a Major RoadblockA new report claims that the FTC, one of the most powerful agencies in the United States, will [...]
Read more »
Feds likely to challenge Microsoft’s $69 billion Activision takeoverExclusive: The FTC is likely to file an antitrust lawsuit to block Microsoft’s $69 billion takeover of video game giant Activision Blizzard, per three people with knowledge of the matter
Read more »
Microsoft: ‘Sony has more exclusive games … many of which are better quality’ | EngadgetMicrosoft has been downplaying the importance of the Activision Blizzard deal in order to obtain regulatory approval..
Read more »
FTC writing new internet rules to safeguard users’ search, health and location dataThe Federal Trade Commission is working on new internet privacy rules affecting the gathering, analyzing and selling of people's data rather than waiting for Congress to advance legislation governing commercial surveillance.
Read more »
The FTC can finally regulate online privacy protectionsOver the past decade, business models that rely on harvesting and selling huge amounts of consumer data have proliferated despite being deceptive, damaging...
Read more »