Microsoft tells judges its $69 billion Activision merging will benefit gamers

Published by mdholidayshow.com

Dec 24, 2022

Microsoft has responded to the FTC's lawsuit regarding its proposed acquisition of Activision Blizzard.

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According to the FTC, the $69 billion deal would allow Microsoft to stifle competition in the games industry.

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

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FTC's approach to assessing the acquisition is unconstitutional, specifically violating the Fifth Amendment right to due process. 

Microsoft reiterated its intention to release Activision Blizzard games on Xbox Game Pass on a day and date that it is currently unwilling to negotiate with the FTC.

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Microsoft President said: we remain committed to creative solutions with regulators that will protect competition, consumers, and workers in the tech sector.

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