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Reviews Microsoft takeover of Activision Blizzard: US cartel authority apparently considers a lawsuit against the purchase of "Candy Crush" manufacturer

14:40  24 november  2022
14:40  24 november  2022 Source:   manager-magazin.de

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A billion-dollar deal in the game industry may face the end. According to media reports, the US cartel authority is considering a lawsuit against the assumption of the "Candy Crush" manufacturer Activision Blizzard by the software company Microsoft.

  Microsoft-Übernahme von Activision Blizzard: US-Kartellbehörde erwägt offenbar Klage gegen Kauf von © Dado Ruvic/ Reuters

The US cartel authority FTC, according to a newspaper report, takes a closer look at the billion-dollar takeover of the "Call of Duty" video game manufacturer Activision Blizzard through Microsoft . The FTC is considering a cartel lawsuit to prevent Microsoft's approximately $ 69 billion, the newspaper " Politico " reported on Wednesday, citing three people familiar with the matter.

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The FTC examiners are skeptical about the arguments of the companies. A complaint against the deal is not yet a decided thing, two of the three insiders told the sheet.

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The video game manufacturer criticized such a step. "We are determined to continue working with the regulatory authorities around the world to enable transaction, but we will not hesitate to defend the takeover if necessary," said a spokesman for Activision Blizzard. Any hint that the transaction could lead to competitive effects is "completely absurd".

The takeover offer is also put to the test in Europe. The EU regulatory authorities initiated a comprehensive investigation at the beginning of the month and warned of restrictions on competition. The FTC and Microsoft did not immediately respond to the inquiries from Reuters to comment.

As part of the largest deal in history , Microsoft announced in January to want to take on computer game hits such as "Call of Duty" and "Candy Crush" for around $ 69 billion.

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usr: 1
This is interesting!