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US FTC seeks to block Microsoft's acquisition of Activision (www.reuters.com)

submitted 1 year ago by [email protected] to c/[email protected]

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The U.S. Federal Trade Commission will file an injunction blocking Microsoft Corp's (MSFT.O) acquisition of Activision Blizzard (ATVI.O), a source familiar with a planned court filing said on Monday.

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[–] [email protected] 1 points 1 year ago

I don't understand how any possible concessions could "preserve competiton" in a case like this. We're watching Microsoft try to build more monopolistic power by literally buying a competitor.