Microsoft's Buyout Of Activision Is "A Threat To Competition," FTC Says As Deal Closes

Eddie Makuch
10/13/2023

Microsoft has officially closed its $68.7 billion deal to buy Activision Blizzard, but the US government is still fighting the deal and is calling it "a threat to competition."The Federal Trade Commission previously sued Microsoft to try to block the deal, but a judge agreed with Microsoft. The FTC is appealing the decision on a federal level following an earlier appeal denial, and that continues to be the organization's focus."We remain focused on the federal appeal process despite Microsoft and Activision closing their deal in advance of a scheduled December appeals court hearing," a spokesperson told Deadline.Continue Reading at GameSpot...

Original

Tags: activision | appeals | billion | blizzard | block | buy | court | deal | december | decision | federal | fighting | ftc | gamespot | government | judge | level | microsoft | officially | reading | threat | trade

---