The FTC might file an antitrust lawsuit to block Microsoft’s Activision purchase
Microsoft’s $69 billion purchase of Activision Blizzard is facing scrutiny from antitrust investigators in several countries. In the US, for instance, the Federal Trade Commission (FTC) started looking into the acquisition shortly after it was announced. Now, the FTC is reportedly ready to take action and will likely file an antitrust lawsuit to block Microsoft’s massive purchase, according to Politico. Microsoft failed to convince the FTC staff reviewing the deal with its arguments, Politico’s sources said, but the agency’s commissioners have yet to vote on filing a complaint or to meet with lawyers.
While a lawsuit is not 100 percent guaranteed yet, the commission is reportedly done with the biggest parts of the investigation, including with the depositions of the Microsoft chief Satya Nadella and Activision CEO Bobby Kotick. If the FTC ultimately decides to file a lawsuit, it could do so as soon as next month. The publication says the commission will likely file the case in its own in-house administrative court, since it doesn’t have to bring it to federal court first to seek a temporary injunction. Seeing as other regulators are also looking into the acquisition, it wouldn’t be able to go through (if it’s …read more