Microsoft ABK acquisition

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FTC seeks to block Microsoft from acquiring Activision Blizzard alleging it will suppress competition

It believes the acquisition would give Microsoft the “means and motive to harm competition.” The Federal Trade Commission (FTC) is seeking to block Microsoft from acquiring Activision Blizzard. An independent agency of the US government, the FTC alleges the $69 billion deal would enable Microsoft to suppress competitors to its Xbox gaming consoles. Call of Duty: Modern Warfare 2 – PC Trailer In a complaint issued December 8, the FTC pointed to Microsoft’s “record of acquiring and using valuable gaming content to suppress competition from rival consoles.” The agency specifically called out Microsoft’s acquisition of ZeniMax, Bethesda’s parent company, and…