Yesterday a report surfaced that the US Federal Trade Commission, the FTC for the acronym in English, plans to sue Microsoft over its purchase of Activision Blizzard. Although no legal proceedings are currently pending, Call of Duty managers have hinted at it they are willing to fight in court to conclude this acquisition.
According to Activision’s COO, the company plans to fight any lawsuit filed against them in court. For her part, Lulu Cheng Meservey mentioned it Activision and Microsoft are working with all regulatory authorities to resolve any issues raised by this acquisition. This is what he commented:
“I see a lot of speculation about Microsoft acquiring Activision Blizzard.
Any suggestion that the transaction could have anti-competitive effects is absurd.
This merger will benefit US gamers and the gaming industry, especially as we face tougher competition overseas.
We are committed to continuing to work with regulators around the world to enable the transaction to go forward, but we will not hesitate to fight to defend the transaction if necessary.”
We are committed to continuing to work with regulators around the world to enable the transaction, but we will not hesitate to fight to defend the transaction if necessary.
— Lulu Cheng Meservey (@lulumeservey) November 24, 2022
Instead Microsoft expects the purchase of Activision Blizzard to be completed in the first half of 2023, It is very likely that the next few months will be the most important when it comes to defining what will happen with this acquisition. On related topics, you can learn more about the possible lawsuit here. Similarly, Microsoft explains how its exclusives work.
Editor’s note:
It is highly probable that this lawsuit will not materialize. Several analysts have pointed out that the FTC has the odds of losing in this situation. While many may object to the purchase, there is currently no evidence that it could substantially affect this process.
Through: Windows Central