FTC reportedly timed its opposition to Microsoft’s Activision deal to manipulate the European Union (Update)

What you need to know

  • Microsoft’s attempt to acquire Activision-Blizzard for $69 billion is ongoing, with regulators scrutinizing the deal worldwide.
  • The US Federal Trade Commission (FTC) recently filed a lawsuit to block the merger, citing Microsoft making games like Starfield exclusive as a sign that the company could not be trusted.
  • A new report suggests that the FTC filed its lawsuit to block the Microsoft-Activision merger after learning that the European Union (EU) planned to discuss potential remedy proposals with Microsoft, dissuading it from reaching a settlement.
  • Regulators like the EU and the UK’s Competition and Markets Authority (CMA) are expected to make their final decisions in April 2023.

Update 1/27/23 at 1:45 pm ET: The European Union’s antitrust watchdog has responded to Bloomberg’s request for comment, declining to offer a statement beyond the confirmation that “its investigation of the deal is continuing.”

Our original story is below.

Leave a Comment

%d bloggers like this: