Microsoft President Brad Smith announced on Tuesday that the company has proposed a legally binding consent decree with the US Federal Trade Commission (FTC) to ensure rivals like Sony have access to Call of Duty games for the next ten years. This offer comes as Microsoft awaits approval for its $69-billion takeover bid for video …
Microsoft has been hit with a consumer lawsuit in a US court, alleging that their $69 billion bid to acquire Activision Blizzard, the maker of Call of Duty, will stifle competition in the video game industry. This complaint, filed in federal court in California, comes just two weeks after the US Federal Trade Commission (FTC) …
The US Federal Trade Commission official withdrew their case against Microsoft’s $69 billion acquisition of Activision, a game-maker, on Thursday. The agency had pursued this case through two approaches: district court and an in-house judge. However, both avenues did not favor the agency. The withdrawal of the case before the administrative law judge has now …
Microsoft’s president Brad Smith expressed his dismay at the decision of the UK regulator to block its acquisition of Activision Blizzard, the maker of Call of Duty. Smith stated that this decision had negatively impacted confidence in Britain as a favorable destination for tech companies. The Competition and Markets Authority (CMA), an independent body, justified …
The US Federal Trade Commission is seeking a preliminary injunction from federal court to temporarily block Microsoft’s acquisition of videogame maker Activision Blizzard. The FTC argues that if the deal goes through, the combined company would likely have the ability and incentive to harm competition in various markets related to consoles, subscription services, and gaming …
In an expected court filing on Monday, a source revealed that the US Federal Trade Commission (FTC) plans to file an injunction against Microsoft’s acquisition of Activision Blizzard. The American software behemoth has ambitions to acquire the famous Call of Duty videogame maker in a deal worth a staggering $69 billion (nearly Rs. 5,68,800 crore). …