FTC will review Microsoft's acquisition of Activision Blizzard, says report

The Federal Trade Commission (FTC) will review Microsoft'southward proposed purchase of Activision Blizzard, according to a report by Bloomberg. Microsoft announced plans to acquire Activision Blizzard for $68.seven billion last month. As is the case with whatever deal of this size and nature, the conquering will have to go through a legal process to determine if it violates antitrust legislation. In this case, the FTC will review the purchase rather than the U.S. Justice Department, co-ordinate to a source that spoke with Bloomberg.

Both the FTC and Justice Department are responsible for reviewing antitrust cases. The ii agencies ofttimes work together to decide which one should investigate specific deals.

The FTC has expressed that it will be more than aggressive regarding large mergers and acquisitions, though that doesn't indicate which way the commission volition lean regarding Microsoft's planned buy of Activision Blizzard.

The FTC sued to stop NVIDIA'southward buy of Arm and Lockheed Martin's proposed buy of Aerojet Rocketdyne Holdings.

The FTC has non responded to media requests for comment at the time of publication. Microsoft declined to comment to Bloomberg on the review of its planned acquisition of Activision Blizzard.

Microsoft'south appear plans to larn Activision Blizzard sent ripples throughout the gaming manufacture. Experts weighed in on the deal, equally did the master of the World Bank. Our Senior Editor Jez Corden likewise explained what the deal means for the Xbox platform and gaming in general.

Updated February 2022

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