© 2020 – 2023 AEA3 WEB | AEAƎ United Kingdom News
AEA3 WEB | AEAƎ United Kingdom News
News

Activision Blizzard: US judge blocks takeover by Microsoft until further hearings

Federal Trade Commission secures delay of $69bn deal which it argues would be anti-competitive

A US district judge has granted the Federal Trade Commission’s request to temporarily block Microsoft’s $69bn buyout of video game maker Activision Blizzard and set a hearing next week.

Microsoft’s bid to acquire the Call of Duty video game maker has been approved by the EU but blocked by British competition authorities, while the FTC, a US authority, has argued the transaction would give Microsoft’s video game console Xbox exclusive access to Activision games, leaving Nintendo consoles and Sony’s PlayStation out in the cold.

Continue reading…

Related posts

Nearly twice as many voters believe Labour has UK’s best interests at heart

AEA3

Washington won’t stand for China ‘bullying’ US allies, Lloyd Austin tells security summit

AEA3

‘Huge turnouts’ reported at UK cost of living protests

AEA3

Pin It on Pinterest

Share This