STORY – The American competition authority is challenging the biggest merger in the history of video games in court. Behind the scenes, Sony is maneuvering to derail the operation.
Microsoft has done everything to avoid this scenario. In vain. On Thursday, the Federal Trade Commission (FTC), the American equivalent of the Competition Authority, announced that it was taking legal action to request the blocking of the mega-merger between the computer giant and the largest publisher of video games in the world: Activision Blizzard King, which owns the Call of Duty, Warcraft and Candy Crush licenses, weighs nearly 9 billion dollars in revenue and is present on consoles, PC and mobiles.
The deal, announced in January and valued at $69 billion, is the biggest tech and media merger since AOL’s acquisition of Time Warner at the turn of the millennium. “We want to prevent Microsoft from taking control of a major video game player and using it to distort competition”commented Commissioner Holly Vedova. “Although we believe in giving peace a chance, we have complete confidence in our…
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