FTC Appeal Loss in Microsoft's Acquisition of Activision Blizzard

SOURCE www.breitbart.com
The FTC lost its appeal to stop Microsoft's acquisition of Activision Blizzard for $68.7 billion. The deal was announced in 2021, and the FTC argued that Microsoft's control over Activision's content could harm competition. Despite the court's decision, the acquisition is still under FTC review.

Key Points

  • FTC failed to prove likelihood of success in stopping the acquisition
  • Microsoft's control over Activision's content raises concerns about competition
  • The merger combines Microsoft's gaming division with Activision Blizzard's portfolio of popular games

Pros

  • Microsoft's acquisition of Activision Blizzard could lead to innovative gaming experiences.

Cons

  • The deal may reduce competition in the gaming industry.