Coverage dated December 7, 2022 to December 8, 2022
FTC sues to block Microsoft-Activision Blizzard $69B merger
Headline from Omaha World-Herald
The Federal Trade Commission on Thursday sued to block Microsoft’s planned $69 billion takeover of video game company Activision Blizzard, saying it could suppress competitors to its Xbox game consoles
Omaha World-Herald's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.
The Federal Trade Commission on Thursday sued to block Microsoft’s planned $69 billion takeover of video game company Activision Blizzard, saying it could suppress competitors to its Xbox game consoles
The Federal Trade Commission said Microsoft's planned takeover of the video game company could suppress competitors to Microsoft's Xbox game consoles and its growing games subscription business.
Regulators said Microsoft’s ownership of Activision could curb competition in the gaming market, which is worth more than $200 billion, by limiting rivals’ access to the company’s biggest games.
The Federal Trade Commission voted 3-1 to issue the complaint after a closed-door meeting, with the three Democratic commissioners voting in favor and the sole Republican voting against.
The Federal Trade Commission filed a lawsuit to stop Microsoft from acquiring the developer of Call of Duty, the most significant attempt yet by the Lina Khan-led agency to hold up tech mergers.
The Federal Trade Commission is suing Microsoft over its $69 billion deal to acquire Activision Blizzard, putting what would be the company’s largest acquisition ever in jeopardy. In a press…
The U.S. Federal Trade Commision (FTC) filed a lawsuit Thursday to halt Microsoft's $69 billion acquisition of video game developer Activision Blizzard
The US Federal Trade Commission is seeking to block Microsoft Corp.’s $69 billion acquisition of Activision Blizzard Inc., saying the tie-up between the Xbox maker and popular gaming publisher would harm competition.
This isn’t Microsoft’s first run-in with U.S. regulators. Microsoft said it did believe in giving peace a chance. Now it looks forward to a court appearance.
The lawsuit represents the FTC’s most significant effort to rein in consolidation in the tech industry since prominent tech critic Lina Khan became the commission’s chair.
The U.S. Federal Trade Commission announced Thursday that it intends to sue to block Microsoft’s $69 billion acquisition of giant game developer Activision Blizzard. If the FTC is able to…
The lawsuit represents the FTC’s most significant effort to rein in consolidation in the tech industry since prominent tech critic Lina Khan (D) became the commission’s chair and was expected to usher...