It has been announced that the US Federal Trade Commission (FTC) will investigate Microsoft Corporation’s acquisition of Activision Blizzard for violations of antitrust laws. About it writes Bloomberg publication citing own informed sources.
It was originally thought that the transaction in question would be reviewed by the US Department of Justice, but it appears that the FTC will be investigating the issue. According to the data available, the regulatory authority is primarily interested in the possible consequences of the takeover for Microsoft’s competitors in the gaming industry. There is speculation that the software giant could restrict competitors’ access to major Activision games. Microsoft and FTC officials have so far refrained from commenting on this issue.
Note that the head of the FTC, Lina Khan (Lina Khan), has long declared the need for stricter regulation of large transactions, especially those carried out by tech giants. She believes that large IT companies can use their dominant position in one of the business areas to strengthen their own positions in other markets. Under her leadership, the agency launched two major lawsuits to block NVIDIA’s purchase of Arm and Lockheed Marin’s acquisition of Aerojet Rocketdyne.
Recall that last month Microsoft announced its intention to buy Activision Blizzard for $68.7 billion. If this deal goes through, it will be the largest in the history of the gaming industry, and the Microsoft gaming division team will be replenished with Call of Duty. Developers of Warcraft, Diablo, Overwatch, Starcraft, etc.