NewsThe FTC Files a Lawsuit to Prevent the Microsoft/Activision...

    The FTC Files a Lawsuit to Prevent the Microsoft/Activision Merger


    The Federal Trade Commission (FTC) filed a lawsuit to prevent Microsoft's proposed $69 billion acquisition of Activision Blizzard.

    The Federal Trade Commission voted 3-1 on Thursday to file suit against Xbox manufacturer Microsoft, alleging that Microsoft has the “means and purpose” to undermine competition by altering prices or decreasing the quality of Activision's (ATVI) top games including Call of Duty, World of Warcraft, and Overwatch. The FTC issued a warning that Microsoft (MSFT) may restrict access to its content on non-Windows platforms.

    “Microsoft has already shown that it can and will withhold content from its gaming rivals,” said Holly Vedova, Director of the FTC’s Bureau of Competition. “Today we seek to stop Microsoft from gaining control over a leading independent game studio and using it to harm competition in multiple dynamic and fast-growing gaming markets.”

    This decision was the Commission's primary emphasis during the Biden administration, and it was one of the toughest moves taken by federal authorities in decades to limit the influence of giant internet companies.

    The FTC noted Microsoft's history of censoring content from competitors, including the corporation's planned 2021 acquisition of Zenimax Media Inc., the parent company of game developer Bethesda Softworks. Despite promising European antitrust authorities that it wouldn't, Microsoft made a number of Bethesda games exclusive to Microsoft.

    More than 400 million people are currently active users (MAU) of games published by Activision Blizzard across all gaming platforms.
    The FTC claimed that Microsoft would be incentivized to remove Activision's games from the Playstation because it is the only other high-performance game console available.

    See also  There are some users who will be denied access even though T-Mobile denies restricting iCloud Private Relay

    Microsoft's Xbox Game Pass is the market leader in the subscription video game service industry, boasting 25 million users as of January of this year. While announcing its purchase of Activision, the company raised concerns from the FTC by suggesting it might make Activision games exclusive to Game Pass in an effort to increase subscription numbers.

    Microsoft's net income for the most recent quarter was $17.6 billion, down 14% year over year.
    A better 12-month performance than the 30% decline in the Nasdaq Composite is seen in its stock price, which is down 26%.

    Montel Anthony
    Montel Anthony
    Montel Anthony is a passionate/enthusiastic Blogger who loves creating helpful guide contents for its users. I'm also a web developer, Graphics designer and Writer.


    Please enter your comment!
    Please enter your name here

    Captcha verification failed!
    CAPTCHA user score failed. Please contact us!

    This site uses Akismet to reduce spam. Learn how your comment data is processed.

    Latest news

    Apple Unveils 2023 App Store Award Winners: Celebrating Innovation and Excellence

    In an exhilarating announcement, Apple has revealed the highly anticipated winners of its prestigious App Store Awards for 2023....

    Google Messages Celebrates 1 Billion RCS Users with Exciting New Features!

    In a groundbreaking achievement, Google Messages has reached a staggering milestone of 1 billion monthly active users on its...

    Microsoft Unveils Compact Mode for Xbox App, Enhancing Handheld Gaming Experience on PCs

    In a move set to revolutionize the world of handheld gaming, Microsoft has released an updated version of the...

    WhatsApp Introduces Secret Code for Chat Lock, Enhancing Privacy and Security for Users

    In a bid to offer enhanced privacy and security to its users, WhatsApp has unveiled an innovative feature called...


    Best Weather Apps for Windows 10 & 11

    Ever checked the sky, sure it's a sunny day, only to be surprised by a sudden downpour? Staying ahead...

    How To Center Your Taskbar Icons In Windows 10

    When you fire up your Windows 10 PC, the taskbar is one of the first things you see. It's...

    How To Backup WhatsApp Messages Without Using Google Drive

    Are you tired of relying on Google Drive to keep your cherished WhatsApp conversations safe? You're not alone. Many...

    8 Ways To Get Free Google Play Codes

    Unlock premium features, purchase apps, and subscribe to services without spending a dime by earning free Google Play codes. In...

    How to remove Quick Access on Windows

    ‘Quick Access’ is an element of Windows that provides easy access to users’ most often seen folders and previously...

    Must read

    10 Christmas Horror Movies to Watch for a Spooky Holiday

    If you're looking to add a little spookiness to...

    Microsoft’s Copilot AI can now help deploy field workers

    Microsoft has announced that it is bringing its Copilot...

    You might also likeRELATED
    Recommended to you

    mersin escort ucuzmersin escort ucuz