Bloomberg reports that Microsoft is getting ready to fight for its $69 billion acquisition of Activision Blizzard. Microsoft is said not to have provided the US Federal Trade Commission (FTC) with a response to any potential investigations or charges. The FTC hasn’t said yet if it plans to stop Microsoft from merging with another company. Concerns have been raised by departments regarding the Microsoft deal.
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Microsoft is preparing to fight the deal if the US FTC tries to stop its $69 billion acquisition of Activision Blizzard. The Xbox maker has not discussed remedies or concessions with the FTC to obtain approval for the deal.
The FTC staff investigation to open the case will be held following a recommendation on the deal. If the FTC tries to stop the acquisition, Microsoft is said to be ready to fight back in court.
Jennifer Rie, an antitrust analyst at Bloomberg, stated it would be difficult for law enforcement to win the case and Microsoft would likely prevail.
Microsoft Xbox said it would spend $68.7 billion (roughly RMB 489.831 billion) to acquire Activision Blizzard, a gaming giant. The deal was approved by regulators like Saudi Arabia, Brazil, and Serbia.
However, regulators in at least three nations have questioned the deal to this point, with the United States being one of them. The transaction is also under investigation by the European Union and the United Kingdom. The game industry in the future will be greatly impacted by this transaction, according to reviewers from various regulatory agencies.
Finally, Microsoft will immediately surpass Tencent. Sony as the third-largest player in the global game market if the acquisition is completed.