US FTC asks court to block Microsoft acquisition of Activision
www.reuters.com
The Federal Trade Commission asked a court to temporarily block Microsoft Corp's acquisition of Activision Blizzard on Monday, seeking to halt the deal from closing before the government's case against the $69 billion deal is heard.

The U.S. Federal Trade Commission will file an injunction blocking Microsoft Corp’s (MSFT.O) acquisition of Activision Blizzard (ATVI.O), a source familiar with a planned court filing said on Monday.

  • Landrin201@lemmy.mlEnglish
    2·
    1 year ago

    I don’t understand how any possible concessions could “preserve competiton” in a case like this. We’re watching Microsoft try to build more monopolistic power by literally buying a competitor.