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MSFT / FTC seeks to block Microsoft's acquisition of Activision Blizzard

FTC seeks to block Microsoft's acquisition of Activision Blizzard
The Federal Trade Commission (FTC) has filed a lawsuit to block Microsoft CorpĀ from buying leading video game developer Activision Blizzard Inc (NASDAQ:ATVI), alleging that the $69 billion deal suppresses competition in the gaming industry. In a complaint issued today, the FTC pointed to Microsoft's record of acquiring and using valuable gaming content to suppress competition from rival consoles, including its acquisition of ZeniMax, the parent company of well-known game developer Bethesda Softworks. Read More
Posted: Dec 8 2022, 15:38
Author Name: Proactive Investors
Views: 111755

MSFT News  

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By The Motley Fool
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2 Artificial Intelligence (AI) Stocks That Could Go Parabolic

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By Forbes
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By Proactive Investors
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By Zacks Investment Research
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By CNBC Television
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Blue Line's Bill Baruch buys more shares of Microsoft and Oracle

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