Economy

Eugene

(62,657 posts) Fri Dec 23, 2022, 06:53 PM Dec 2022

Microsoft claims FTC's lawsuit against Activision Blizzard buyout is unconstitutional

Source: Eurogamer

Microsoft claims FTC's lawsuit against Activision Blizzard buyout is unconstitutional

News by Ishraq Subhan Reporter
Published on 23 Dec 2022

Microsoft has issued its response to the Federal Trade Commission's lawsuit against its planned acquisition of Activision Blizzard.

The FTC has claimed the $69bn deal would let Microsoft suppress its games industry competition.

The company defended the proposed $69bn buyout, defended its previous acquisition of Bethesda owner ZeniMax Media, and justified its decision to make three future titles from the company exclusive to Xbox and PC.

One of its core arguments is the FTC's approach to assessing the acquisition is unconstitutional, specifically violating the Fifth Amendment right to due process.

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Microsoft claims FTC's lawsuit against Activision Blizzard buyout is unconstitutional (Original Post) Eugene Dec 2022 OP

Glad FTC is taking action TheRealNorth Dec 2022 #1

Monopoly market share and pricing power are anaethma to competition and free markets bucolic_frolic Dec 2022 #2

TheRealNorth

(9,629 posts)

1. Glad FTC is taking action

Reply to Eugene (Original post)

Fri Dec 23, 2022, 08:11 PM

Dec 2022

It's becoming more of an issue where games/software are "exclusive" to one platform ("ie. X-Box or Playstation, Microsoft or Mac).

bucolic_frolic

(46,998 posts)

2. Monopoly market share and pricing power are anaethma to competition and free markets