U.S. Federal Trade Commission (FTC) may block the deal between Microsoft and Activision
Phil Spencer has another reason to worry about the deal between Microsoft and Activision Blizzard, which is already very much in question.
Here's What We Know
According to Politico, the U.S. Federal Trade Commission (FTC) may block the deal between Microsoft and Activision.
The main argument argues that this takeover will deal a serious blow to competition in the gaming industry. Not only large companies such as Sony, but also independent developers will suffer.
The FTC does not trust Microsoft's claims and is skeptical of Phil Spencer's words that the U.S. corporation will not violate the interests of both game manufacturers and users.
During the last week of November, the FTC could make a decision unfavorable to Microsoft and Activision Blizzard and block the deal.
Recall, the biggest deal in the history of the gaming industry is estimated at $69 billion and was scheduled to be completed by the end of June 2023.
Go Deeper:
- EU regulatory commissions initiate additional investigation into Microsoft and Activision Blizzard's merger
- Swedish company accuses Bobby Kotick and Phil Spencer of collusion and has sued Microsoft and Activision Blizzard
- Microsoft offered Sony a ten-year contract to release Call of Duty games on the PlayStation, but the Japanese company is ignoring the agreement.