It was announced yesterday that the United States Federal Trade Commission, or FTC for its abbreviation in English, has issued a lawsuit against Microsoft for its purchase of Activision Blizzard. After publishing this information, Bobby Kotick, CEO d Activision Blizzardissued a statement confirming that the acquisition would take place.
Kotick’s email to employees notes that, at the end of the day, Activision Blizzard will be buying, and there’s nothing to worry about. The CEO mentioned that this process will be completed, as this acquisition represents a boon not only for them, but for the players and the industry in general. This is what he commented:
“equipment,
I wanted to give a brief update on our pending merger with Microsoft. This week, the US Federal Trade Commission (FTC) announced its decision to challenge the agreement. This means they will file a lawsuit to block the merger and a judge will hear the arguments.
That sounds alarming, so I want to bolster my confidence that this deal will close. This agreement is inconsistent with the anti-competitive allegation and we believe that we will prevail in this challenge.
Thanks to all your hard work every day, we are on a great path, bringing epic joy to gamers around the world in what I believe are the best games in the industry. At the same time, the competitive landscape is changing, and simply put, a Microsoft-ABK combination is good for gamers, good for workers, good for competition and good for the industry. Our players want options, and this gives them exactly that. You can read more about the details of the points we shared with you recently in this update
We believe these arguments will prevail despite a regulatory environment focused on ideals and misconceptions about the technology industry.
Thank you for your dedication and creativity.
Bobby”.
at your request The FTC noted that Microsoft was seeking to create a monopoly in the video game industry. As with the review conducted in the United Kingdom, it was noted that the exclusivity of Call of Duty will affect Nintendo and PlayStation. How this conflict will end is unknown at this time.
On a related note, you can learn more about this case here. Likewise, this was Microsoft’s response to the matter.
Editor’s note:
More than Microsoft, Activision Blizzard and Bobby Kotick want to go through with this purchase. If that doesn’t happen, the internal problems we were seeing a year ago are likely to repeat, and the golden parachute for the CEO is not as likely.
Through: my city
