Articles for tag: blocks, FTC, Microsoft, TakeOver

oriXone

FTC blocks takeover by Microsoft

FTC blocks takeover by Microsoft

The US FTC has officially announced that it will block Microsoft’s acquisition of Activision Blizzard. The first hammer fell! The FTC in the US has today announcethat the acquisition of Activision Blizzard by Microsoft will be blocked and is preparing a corresponding lawsuit. The reason for the blocking is that Microsoft allegedly would have an ...

Geralt of Sanctuary

The merger of Microsoft and Activision Blizzard “likely” faces an FTC lawsuit, the report said

The merger of Microsoft and Activision Blizzard “likely” faces an FTC lawsuit, the report said

Microsoft’s chances of completing its $70 billion acquisition of Activision Blizzard look a little slim this week. Citing three sources familiar with the matter, Politico reports that the US Federal Trade Commission (FTC) will “likely” try to block the deal with an antitrust lawsuit. The news comes as the deal comes under scrutiny from Britain ...

Geralt of Sanctuary

FTC seeks to halt Microsoft’s purchase of Activision Blizzard

FTC seeks to halt Microsoft’s purchase of Activision Blizzard

picture: OnlyPhoto (Getty Images) Politically are reporting that the Federal Trade Commission “is likely to file an antitrust lawsuit to block Microsoft’s $69 billion acquisition of video game giant Activision Blizzard,” according to three people with knowledge of the matter. the FTC, emboldened by their recent success in preventing the merger of book publishers Penguin ...

The Boss

The FTC is now also investigating Sony’s acquisition of Bungie

The FTC is now also investigating Sony’s acquisition of Bungie

although sony claim that it will not make Bunge A console-exclusive game, it’s still under investigation by the U.S. Federal Trade Commission. Sony’s announcement earlier this year that it would buy Bungie for a massive $3.6 billion clearly caught the FTC’s attention. According to The Information (paywall, via PC Gamer), the FTC has launched an ...