Home » Technology » The European Commission denies the reasons of the FTC to block the purchase of Activision

The European Commission denies the reasons of the FTC to block the purchase of Activision

It had previously been disclosed to the public that the Federal Trade Commission of the United States of America had blocked the acquisition of Activision. This led Microsoft to file a lawsuit to make the purchase, and now the The European Commission refutes the reasons for blocking the purchase by the FTC from Activision. The FTC’s claims against this acquisition state that Microsoft could reduce competition and control the market, however, the European Commission shows that this would be the case.

The blockade by the FTC stems from the acquisition of ZeniMax Media, in which, presumably, Microsoft has promised to continue bringing studio productions to other platforms to be acquired. Which according to the FTC has not been respected, so now they have proceeded to block the acquisition of Activision Blizzard King so that Microsoft does not do the same and does not take more control of the market.

The European Commission denies the reasons of the FTC to block the purchase of Activision

For its part, the European Commission approved the acquisition of ZeniMax Media because this would not have a negative impact on the industry, since many other companies would continue to offer similar and more varied products in case Microsoft takes exclusive rights to their platforms. And regarding the European Commission’s response to the FTC blockade, there are two major rebuttals. The first is that Microsoft has not lied or backed out of an exclusivity pledge. The second is that the anticompetitive behavior that the FTC claims Microsoft wasn’t honest about was not anticompetitive at all.

The European Commission’s response changes nothing with respect to the FTC’s decision. However, Microsoft could use these statements to its advantage in court, although that won’t happen until at least June and August next year. Anyway, Microsoft still requires European Commission approval to acquire Activision Blizzard Kingand even if they accepted the purchase of ZeniMax, AKB It is a case of much greater scope.

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.