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FTC loses case to block Microsoft Activision
$69B deal

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Posted By: Dreadnought, 7/11/2023 12:21:17 PM

The U.S. Federal Trade Commission cannot stop Microsoft’s proposed $69 billion purchase of Activision Blizzard, a California judged ruled on Tuesday. The deal was originally announced 17 months ago and can now move forward by the July 18, deadline. In her ruling, Judge Jacqueline Scott Corley said, "Microsoft’s acquisition of Activision has been described as the largest in tech history," and "it deserves scrutiny." "Microsoft has committed in writing, in public, and in court to keep Call of Duty on PlayStation for 10 years on parity with Xbox," she continued. "It made an agreement with Nintendo to bring Call of Duty to Switch. And it entered several agreements

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Reply 1 - Posted by: JunkYardDog 7/11/2023 12:47:43 PM (No. 1510555)
My son seemed very happy at this news-when I asked him why, he said it was because Sony/Playstation couldn't add game modes to Call Of Duty that XBOX and other platforms could not. Not a pressing issue on this forum (!) but 69 billion is a lot of money, and the FTC chair Lina Khan (appointed by Biden) has done a miserable job of protecting consumers from unfair business practices. Sounds about right for the Democrats-when was the last time they appointed someone NOT based on color or political ideology, and was actually competent?
4 people like this.

Reply 2 - Posted by: zoidberg 7/11/2023 1:10:25 PM (No. 1510576)
Any time Lina Khan gets a loss, I'm happy.
5 people like this.

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