Filed to block largest purchase deal in U.S. history
- June 13, 2023
- 0
One of the most talked about issues in the video game world lately is undoubtedly that of Microsoft Duty series developer Activision is trying to buy Blizzard. Agreement
One of the most talked about issues in the video game world lately is undoubtedly that of Microsoft Duty series developer Activision is trying to buy Blizzard. Agreement
One of the most talked about issues in the video game world lately is undoubtedly that of Microsoft Duty series developer Activision is trying to buy Blizzard. Agreement worth more than $68 billionWhen completed, it will be the most expensive purchase in history. As such, legislators as well as giant companies in the video game world like Sony to prevent the deal They are trying their best. So much so that it is believed that this deal will eventually monopolize Microsoft.
Now there is a new development in the matter, which could never be solved. The US Federal Trade Commission (FTC), which allows Microsoft to prevent it from acquiring Activision Blizzard preliminary injunction announced that he had filed an official request. If the court upholds the decision, Microsoft and Activision’s chances of finalizing the deal will be reduced to zero. At least temporary…
The FTC has applied for a preliminary injunction on this purchase. that competition in the market will deteriorate underlined. It was argued that precisely because of this, the purchase agreement should be prevented. Commenting on the topic, senior Microsoft executive Brad Smith said: “We welcome the opportunity to take our case to federal court.” he said.
It is clear that this case will not end easily. European Unionby, South Koreafrom and Chineseapproved by EnglandThe issue, which the US says cannot be done, and which the US is still investigating, has been going on for some time. remains on the agenda resembling…
Source: Web Tekno
Alice Smith is a seasoned journalist and writer for Div Bracket. She has a keen sense of what’s important and is always on top of the latest trends. Alice provides in-depth coverage of the most talked-about news stories, delivering insightful and thought-provoking articles that keep her readers informed and engaged.