FTC Not Backing Down In Fight Against Microsoft-Activision Deal, Despite UK's Approval
Portfolio Pulse from Franca Quarneti
The FTC is continuing its legal battle against Microsoft's acquisition of Activision Blizzard, despite the deal's approval in the UK and finalization in October 2023. The FTC believes the judge set too high a standard for proving anticompetitive effects, while Microsoft's lawyer argues the FTC's case lacks evidence of any motive to limit game availability on other platforms.
December 07, 2023 | 7:20 pm
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The FTC's ongoing legal challenge against Microsoft's acquisition of Activision Blizzard could create uncertainty around the deal's finality and impact Microsoft's strategic plans for gaming.
The FTC's persistent legal challenge suggests a significant risk to the completion of Microsoft's acquisition of Activision Blizzard. This uncertainty can negatively affect investor sentiment and Microsoft's stock price in the short term, as the market typically reacts unfavorably to regulatory hurdles and potential disruptions to strategic plans.
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