Microsoft is to be investigated by the Federal Trade Commission over their proposed acquisition of Activision Blizzard.News broke last month that Call of Duty and Overwatch developers Activision Blizzard were being acquired by Microsoft.
But the deal isn’t actually set in stone yet, and now according to Bloomberg, the deal will see the FTC conduct an antitrust investigation over the Activision Blizzard acquisition.
Essentially, the FTC will look into whether the landmark acquisition would harm competition, according to Bloomberg’s source.FTC Chair Lina Khan has been advocating a more assertive approach when handling deals, especially with bigger tech companies.
She believes that these big tech companies are able to use their dominance in one field to take over another.Under the Biden administration, the FTC has promised to take a firmer stance on policing deals like this.
Read more on nme.com
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