The Federal Trade Commission is suing Microsoft over its $69 billion deal to acquire Activision Blizzard, putting what would be the company’s largest acquisition ever in jeopardy. In a press release issued Thursday, the FTC said the deal “would enable Microsoft to suppress competitors to its Xbox gaming consoles and […]
suing
Why is the FTC suing Microsoft over its Activision Blizzard merger?
Like regulators in the EU and UK, the FTC is concerned that the deal could stifle competition in the gaming sector. Microsoft’s plan to acquire gaming giant Activision Blizzard has a major challenge ahead, as a US regulator is seeking to prevent it. The Federal Trade Commission (FTC) has sued […]