The FTC claims Microsoft would gain an unfair edge in the gaming sector.
If the case prevails, it will slow down Microsoft’s expansion into the metaverse.
A lawsuit to prevent Microsoft’s acquisition of Activision Blizzard, makers of the Call of Duty and Overwatch series, was revealed on Thursday by the Federal Trade Commission. The FTC claims Microsoft would gain an unfair edge in the gaming sector as a result of the merger. Thereby turning it into a monopoly.
Moreover, the deal, which Microsoft disclosed in January, is said to be valued at $68.7 billion. The Federal Trade Commission dubbed it the biggest transaction in the history of the video game industry.
Holly Vedova, Director of the FTC’s Bureau of Competition, said in a statement:
“Microsoft has already shown that it can and will withhold content from its gaming rivals. Today we seek to stop Microsoft from gaining control over a leading independent game studio and using it to harm competition in multiple dynamic and fas
We współpracy z: https://thenewscrypto.com/u-s-ftc-opposes-activision-blizzard-acquisition-by-microsoft/
