Microsoft will fight US over $68.7B Activision Blizzard deal
Headline from Waterloo-Cedar Falls Courier
Microsoft on Thursday filed a formal challenge to the FTC lawsuit that declared the $68.7 billion deal an illegal acquisition that should be stopped.
Waterloo-Cedar Falls Courier's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.
Microsoft wants to buy Activision, the maker of hit video games like Call of Duty. Regulators oppose what could be the largest acquisition in the gaming industry.
At the center of the dispute is Microsoft's rivalry with PlayStation-maker Sony to secure popular Activision Blizzard franchises like the military shooter game Call of Duty.
Microsoft laid out its case against the U.S. Federal Trade Commission’s attempt to block its proposed $68.7 billion acquisition of Activision-Blizzard, describing itself as “the third-place manufacturer of gaming consoles”…
Microsoft has filed a formal response to a Federal Trade Commission antitrust lawsuit that seeks to block it from buying Activision Blizzard for $68.7 billion.
Microsoft said for the third largest console maker to be buying a major gaming franchise would’t overturn a competitive market. U.S. regulators don’t agree.
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