It was previously made public knowledge that the Federal Trade Commission of the United States of America had blocked the acquisition of Activision. This led Microsoft to declare a lawsuit in order to carry out the purchase, and now the European Commission refutes the FTC’s reasons for blocking the purchase from Activision. The FTC’s assertions once morest this acquisition state that Microsoft might reduce competition and control the market, however, the European Commission shows that this would be the case.
The blockade by the FTC stems from the acquisition of ZeniMax Media, in which allegedly, Microsoft promised to continue taking studio productions to other platforms to acquire. Which according to the FTC was not fulfilled, so now they have proceeded to block the acquisition of Activision Blizzard King so that Microsoft does not act in the same way and does not take greater control of the market.
The European Commission refutes the reasons of the FTC to block the purchase of Activision
For its part, the European Commission approved the acquisition of ZeniMax Media because this would not have a negative impact on the industry, since many other companies would continue to offer similar and more varied products in case Microsoft took exclusivities for their platforms. And as for the European Commission’s response to the FTC block, there are two big rebuttals. First is that Microsoft did not lie or back out of an exclusivity commitment. The second is that the anticompetitive behavior that the FTC says Microsoft wasn’t honest regarding wasn’t anticompetitive at all.
The European Commission’s response does not change anything regarding the FTC’s decision. However, Microsoft might use these statements to its advantage in court, although this would not happen until at least June and August of next year. Anyway, Microsoft still requires European Commission approval to acquire Activision Blizzard Kingand even if they have accepted the purchase of ZeniMax, AKB It is a case of a much larger magnitude.
