FTC sues to block the $69 billion Microsoft-Activision Blizzard merger
FTC sues to block the $69 billion Microsoft-Activision Blizzard merger Enlarge this image toggle caption Jae C. Hong/AP Jae C. Hong/AP The Federal Trade Commission said Thursday it is suing to block Microsoft's planned $69 billion takeover of video game company Activision Blizzard, saying it could suppress competitors to its Xbox game consoles and its growing games subscription business. Sponsor Message 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. "Microsoft has already shown that it can and will withhold content from its gaming rivals," said a prepared statement from Holly Vedova, director of the FTC's Bureau of Competition. Activision Blizzard CEO Bobby Kotick said in a message to employees Thursday that the FTC's action "sounds alarming, so I want to reinforce my confidence that this deal will close."
Microsoft defeats gamers' bid to block $69 billion Activision deal in U.S. court
Discover Related
Manhattan court consolidates OpenAI copyright lawsuits from authors, NYT
Meta CEO Mark Zuckerberg lobbies Trump to avoid antitrust trial: Report
UK watchdog drops competition review of Microsoft’s OpenAI deal
Industry groups sue over Biden ban on medical debt in credit reports
US Steel, Nippon sue Biden administration over decision to block merger
Sony settles US consumer lawsuit over PlayStation game sales
Google lobbying FTC to break up Microsoft & OpenAI's cloud deal
Supreme Court allows investors' class action to proceed against microchip company Nvidia
Google Urges FTC To Dismantle Microsoft's Exclusive Cloud Partnership With OpenAI
Microsoft Faces Broad Antitrust Investigation From US Federal Trade Commission
Microsoft antitrust probe: Software Company faces allegations of misusing power
Microsoft faces FTC Antitrust Probe over Cloud, AI and security practices
Meta faces April trial in FTC case seeking to unwind Instagram merger
Meta faces April trial in FTC case seeking to unwind Instagram merger
Why this memory chip company has become problem for Samsung
Apple to approach US court to dismiss 'massive & vague' DoJ antitrust case
Tech companies settle lawsuit alleging they overcharged the U.S. Army
Antitrust enforcers prepare final blitz against Big Tech
Musk expands lawsuit against OpenAI, adding Microsoft and antitrust claims
Which? launches £3 billion legal claim against Apple over ‘forced’ iCloud use
US Supreme Court hears Nvidia bid to avoid securities fraud suit
FTC lawsuit accuses L.A. cash app Dave of charging hidden fees
Nerf darts, porn and vomit: The company Microsoft bought for $69bn
Justice Department sues Visa, alleging it has a monopoly in debit card markets
Nvidia, Microsoft hit with patent lawsuit over AI computing technology
DC Edit | Google fine: Caveat for Big Tech