Microsoft's Acti-Blizz Acquisition Deal May Reportedly Receive Ruling By FTC In Late November
Staffed sources say FTC has been in talks with competitors against the transaction as worries mount about the merger on the ground floor.
The proposed $68.7 billion acquisition deal for Microsoft to acquire Activision Blizzard may be winding down behind closed doors if reports about the FTC ruling in late November are accurate.
According to Dealreporter (transcribed via Seeking Alpha), the outlet claims the FTC's inquiries are currently at the staff level and expected to proceed through the Bureau of Competition and commissioners in the upcoming weeks. Their sources, FTC staffers concerned about the massive acquisition merger, also told the publication that the FTC has been in talks with several competitors against the transaction, like Sony and Google.
Regarding what their ruling will concern, it centers on examining the consumer data (reported via The Information) that Microsoft and Activision Blizzard control and its probable mark on the labor market. Moreover, the FTC is reviewing harassment and discrimination allegations from its workers and their conceivable influence on the metaverse.
This comes after Microsoft filed its case for the acquisition with the European Commission, which set a provisional deadline of November 8 to investigate the deal. Though, the Competition and Markets Authority (CMA) has extended its investigation recently to March 2023, so Microsft will not be out of the woods even if these investigations conclude next month.
The future of the Call of Duty IP remains in flux as the acquisition deal is scrutinized by regulators and corporations, serving as a pivotal franchise that Sony's PlayStation will have under its umbrella for several years. CEO Jim Ryan called the deal "inadequate on many levels," however, Microsoft later stated to VGC that removing Call of Duty from PlayStation would make "zero business sense."
While we are approaching what seems to be the end of the acquisition investigations, are there concerns you might have about the merger? Let us know below!
About the Author
Anthony Jones is a gaming journalist and late 90s kid in love with retro games and the evolution of modern gaming. He started at Mega Visions as a news reporter covering the latest announcements, rumors, and fan-made projects. FFXIV has his heart in the MMORPGs scene, but he's always excited to analyze and lose hours to ambitious and ambiguous MMOs that gamers follow.
LotRO Lead World Builder Previewed New Swanfleet Zone Ahead Of "Before The Shadow" Expansion
The upcoming map is an area of gorgeous wetlands that has seen many historic events.By Anthony Jones - 5 months ago
You May Enjoy
Fortnite Creators Could Finally Be Paid For Their Work In 2.0 Patch
According to a leak, players would get paid based on the number of engagements their islands receive.By Matthew D'Onofrio - 4 days ago
It’s Official, Counter-Strike 2 Is On The Way, And Current CS:GO Players Will Be Keeping All Their Stuff
It will be a free upgrade to CS:GO.By QuintLyn Bowers - 3 days ago
Microsoft Wins In Gamer-Led Antitrust Lawsuit To Stop Activision Blizzard Acquisition, For Now
The gamers can try again.By QuintLyn Bowers - 4 days ago
Canadian Judge Rejects "Unlawful Gambling" Accusation In EA Loot Box Class-Action Lawsuit
The claim may proceed, around "unconscionability," but not around gambling.By Matthew D'Onofrio - 3 days ago
💣 Feature | Blasting Waves Of Dinos Was Damn Fun... But Will The Rest Of Exoprimal Be? - A Open Beta Test Review
Exoprimal's beta was damn fun but VERY limited. Here's some early thoughts.By Michael Byrne - 5 days ago
Execute Your First Mission For Deceive Inc. Beginning Today
Infiltrate, disguise, gather intel, and make it out alive.By QuintLyn Bowers - 4 days ago