Nov 242022
 

Enlarge / Just a few of the Activision franchises that will become Microsoft properties if and when the acquisition is finalized. (credit: Microsoft / Activision)
The Federal Trade Commission will “likely” move to file an antitrust lawsuit against Microsoft and Activision Blizzard to block the companies’ planned $69 billion merger deal. That’s according to a new Politico report citing “three [unnamed] people with knowledge of the matter.”
While Politico writes that a lawsuit is still “not guaranteed,” it adds that FTC staffers “are skeptical of the companies’ arguments” that the deal will not be anticompetitive. The sources also confirmed that “much of the heavy lifting is complete” in the commission’s investigation, and that a…

External feed Read More at the Source: https://arstechnica.com/?p=1899979

 2022-11-24

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