While it hasn’t been particularly smooth sailing so far for the Microsoft Activision Blizzard merger, things could get a lot tougher soon.
While it hasn’t been particularly smooth sailing so far for the Microsoft/Xbox – Activision Blizzard merger, things could get a lot more challenging soon. According to a report by Politico, the Federal Trade Commission (FTC) could be looking to file an antitrust lawsuit to block Microsoft’s $69 billion takeover of Activision Blizzard.
While regulatory bodies across the globe have been scrutinizing this merger, Xbox/Microsoft has yet to hit a major roadblock. The most major of roadblocks could be headed their way in the form of the FTC. A lawsuit challenging the merger has not yet been confirmed, but Politico reports that the FTC staff is reviewing the deal and are skeptical of the companies’ arguments.
This is a massive deal for Microsoft as their $69 billion could fall apart under the weight of FTC’s antitrust lawsuit challenge. Microsoft faced similar antitrust issues over 2 decades ago, and a second challenge on a scale such as this does not bode well for the company.
