Microsoft and Activision’s deal is facing resistance as the US Federal Trade Commission (FTC) appeals against the acquisition. The FTC remains opposed to the $69 billion deal and is focused on the forthcoming appeal. Additionally, an agreement between Microsoft, Activision, and Ubisoft has raised competition concerns in the gaming industry. In order to secure approval for the deal in the UK, the companies agreed to sell the streaming rights to Activision’s games to Ubisoft. However, the FTC still sees the merger as a threat to competition and believes the deal with Ubisoft affects American consumers. This latest development adds complexity to an already contentious deal, and the outcome of the Microsoft-Activision merger remains uncertain as the legal battles continue.
Microsoft-Activision Deal Sparks FTC Appeal as Ubisoft Agreement Raises Competition Concerns
Date:
Updated: [falahcoin_post_modified_date]