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FTC hearings could delay Microsoft’s buyout of Activision BlizzardFinal hearings begin in August, after Microsoft’s current fiscal year ends
Final hearings begin in August, after Microsoft’s current fiscal year ends
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Back in December, the FTC’s panel voted 3-1 in favour ofsuing Microsoftover the proposed merger with Activision Blizzard. Their reasoning was that Microsoft’s acquisition of the company could allow the green team to “suppress competitors to its Xbox gaming consoles and its rapidly growing subscription content and cloud-gaming business”. Activision Blizzard’s executive vice-president for corporate affairs Lulu Cheng Meservey had tweeted ahead of the FTC’s decision to sue that the companywouldn’t hesitate to defendany challenge to the buyout.
It looks like there could be a longer wait to find out whether Microsoft’s deal to acquire Activision Blizzard will go ahead. The consolidation of one very hefty chunk of the games industry still seems uncertain, for now.
Activision Blizzard are currently the subject of a number oflegal actions,labour disputesand allegations ofworkplace harassment. Rock Paper Shotgun will continue to write about these issues, as well as covering Activision Blizzard games as part of our commitment to cover subjects of interest to our readers. The latest news can always be found under ourActivision Blizzardtag.
