FTC Lawsuit: Microsoft-Activision
The Microsoft-Activision Blizzard deal suffered a setback in December, with the Federal Trade Commission’s lawsuit seeking to block it. The FTC’s complaint promises to delay the proposed acquisition, but Microsoft is confident it will prevail.
At the beginning of this year, the two companies agreed for Microsoft to acquire Activision Blizzard for $69 billion. If the deal is completed, it would be the largest-ever acquisition in the gaming industry. But the combined companies would still only be the third largest player behind Tencent and Sony, Microsoft has contended.
Learn why Microsoft refutes the gaming dominance claim.
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