Microsoft issues official statement to FTC over Activision lawsuit | Daily News Byte

Microsoft issues official statement to FTC over Activision lawsuit

 | Daily News Byte

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Microsoft has issued an official statement to the FTC regarding the company’s opposition to Activision Blizzard. For the better part of 2022, Microsoft fought an uphill battle to buy Activision Blizzard. It was not easy to find.

A few months after Microsoft announced its agreement to buy Activision Blizzard for nearly $69 billion ($68.7 billion to be exact), the FTC filed a lawsuit to block the deal. The FTC’s statement is based on concerns about Microsoft’s ability to suppress competitors in the gaming industry with a focus on the Call Of Duty franchise. Knowing if the deal goes through, Microsoft could block Call Of Duty from being available outside of its Xbox and PC networks.

Despite Microsoft’s many claims it has no intention of doing so. Because it leads to the separation of players and loses a lot of money in sales. As reported by engadget, Microsoft and Activision filed official statements in response to the FTC complaint.

Microsoft and Activision sent an official statement to the FTC

Both companies have issued official statements to the FTC. Microsoft acknowledges that the company cannot fulfill its burden of proof in order to leave customers. This is a concept that Microsoft has been committed to since the beginning. Saying more than once that the agreement will give more options to the customers and against the intention of the FTC, to make the games available to the players all over the world. No less.

Microsoft continues to show third place as a console maker behind Nintendo and Sony. And his main reason for wanting to acquire it is to increase his presence in mobile games. Mobile is the fastest growing segment of gaming and Activision has a large share of that market.

In Activision’s statement, the publisher said that the FTC “is straying from its original purpose of protecting competition from competitors.

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