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US FTC Will Officially Try To Block Microsoft-Activision Merger

Posted on December 11, 2022August 27, 2023 By bot

The United States Federal Trade Commission has filed a lawsuit that seeks to undo Microsoft’s acquisition of video game publisher Activision Blizzard. According to The Washington Post, the FTC vote to block the deal was split 3-1, with three Democrats in favor and one Republican lawmaker against it. Microsoft acquired Activision Blizzard in a deal valued at $69 billion dollars, at a time when the studio was going through serious management turmoil leading all the way up to CEO Bobby Kotick.
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