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“Microsoft Prepares to Finalize Acquisition of Activision Blizzard Despite FTC Lawsuit”


Tech giant Microsoft is preparing to finalize its offer to acquire video game publisher Activision Blizzard, despite the hurdle posed by a lawsuit filed by the US Federal Trade Commission (FTC) in February this year. According to sources close to the situation quoted by the New York PostMicrosoft would be preparing the closing of the agreement and working on the final details of the transaction.

The FTC filed an antitrust lawsuit against Microsoft and Activision Blizzard, arguing that Microsoft’s acquisition of the video game company would violate antitrust laws by reducing competition and allowing Microsoft excessive control in the video game market.

Today Microsoft is preparing to receive the CMA decision which could cause a domino effect.

Microsoft’s proposed deal to acquire Activision Blizzard is valued at $68.7 billion, making it one of the largest acquisitions in video game industry history. The acquisition would include some of the most popular video game franchises in the world, such as Call of Duty, World of Warcraft y Candy Crush.

Despite the FTC’s lawsuit, video game industry analysts have been divided on whether the settlement will negatively affect the industry and consumers. Some argue that the Microsoft acquisition could lead to further consolidation in the video game industry and less choice for consumers, while others argue that Microsoft has a history of acquiring companies and allowing them to retain their creative autonomy.

Microsoft already has a huge presence in the video game industry through its Xbox console and its Xbox Game Pass subscription service, which allows gamers access to a wide variety of games for one monthly fee. The acquisition of Activision Blizzard could further strengthen Microsoft’s position in the video game market and make Xbox Game Pass even more attractive to consumers.

In any case, Microsoft’s possible acquisition of Activision Blizzard is a major issue that continues to be the subject of controversy in the video game industry, and one that will have a significant impact on the future of the industry. although still Missing countries like South Korea or New Zealand, the most likely thing is that everything ends in a domino effect.

2023-04-26 06:18:18
#Microsoft #prepares #close #purchase #Activision #trial #FTC #xbox

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