Microsoft and Activision hit back at the FTC’s attempt to block merger
Microsoft and Activision have responded to the US Federal Trade Commission’s (FTC) legal attempt to block the companies’ planned merger. Earlier this month the FTC announced plans to file a lawsuit in a bid to stop Microsoft’s $69 billion acquisition of Activision, which it argues would enable the company to “suppress competitors” to its Xbox consoles and its subscription content and cloud gaming business. Among other concerns, regulators scrutinising the deal have expressed worries that the deal could significantly reduce PlayStation’s ability to compete, given that it would see Microsoft gain ownership of the Call of Duty series.
* This article was originally published here