The Federal Trade Commission (FTC) is reportedly planning to block Microsoft’s $69 billion purchase of video game maker Activision Blizzard, maker of best selling game Call of Duty.
In response, Microsoft VP and President Brad Smith told FOX Business, "We welcome the opportunity to present our case in federal court.""We believe accelerating the legal process in the U.S. will ultimately bring more choice and competition to the market," he finished. MICROSOFT EXEC SAYS AI MUST REMAIN UNDER HUMAN CONTROL
In April, British regulators at the Competition and Markets Authority attempted to block the purchase, saying "the only effective remedy to the substantial loss of competition is to prohibit the merger of what would be the largest deal in tech history."
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FTC expected to block Microsoft’s $69B purchase of Activision Blizzard: reportNearly one month after EU regulators approved Microsoft’s $69 billion bid to acquire “Call of Duty” maker Activision Blizzard, the FTC is expected to halt the deal with a prelimin…
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FTC set to file injunction to block Microsoft acquisition of Activision Blizzard: reportMicrosoft Corp. appears to have another headwind in its $69 billion acquisition of videogame publisher Activision Blizzard Inc. in the form of an injunction...
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FTC will try to block Microsoft's acquisition of Activision BlizzardThe FTC had already sued to block the $68.7 billion acquisition, choosing to bring the case before its internal administrative law judge.
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FTC expected to file injunction to block Microsoft's purchase of Activision Blizzard | EngadgetThe FTC is looking for an injunction to block Microsoft's acquisition of Activision Blizzard..
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US FTC seeks to block Microsoft's acquisition of Activision -sourceThe U.S. Federal Trade Commission will file an injunction blocking Microsoft Corp's acquisition of Activision Blizzard , a source familiar with a planned court filing said on Monday.
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FTC plots lawsuit to block Microsoft from closing Activision dealIts planning to seek a court order blocking the transaction until the agency’s in-house court has a chance to rule on the deal.
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