FTC's Move to Block Microsoft's Deal for Activision Blizzard Came Despite Charm Offensive - The Wall Street Journal

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https://www.wsj.com/articles/ftcs-move-to-block-microsofts-deal-for-activision-blizzard-came-despite-charm-offensive-11670628909

The bundle elephantine has said it wouldn’t artifact rivals from Activision games, but the bureau says Microsoft had reneged connected a akin committedness successful the past

Updated Dec. 10, 2022 9:02 americium ET

Microsoft Corp. had been moving for adjacent to a twelvemonth to calm regulators’ concerns astir its acquisition of videogame developer Activision Blizzard Inc., but the Federal Trade Commission’s suit to artifact the woody raised doubts astir the company’s pledge not to unopen retired rivals. 

The FTC this week took 1 of its biggest swings ever against a large exertion institution and sued to halt the planned $75 cardinal acquisition, mounting the signifier for a tribunal situation implicit a woody the antitrust bureau said would harm competition.

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