This website collects cookies to deliver better user experience. Cookie Policy
Accept
Sign In
The Wall Street Publication
  • Home
  • Trending
  • U.S
  • World
  • Politics
  • Business
    • Business
    • Economy
    • Real Estate
    • Markets
    • Personal Finance
  • Tech
  • Lifestyle
    • Lifestyle
    • Style
    • Arts
  • Health
  • Sports
  • Entertainment
Reading: Microsoft-Activision Deal to Be Reviewed by FTC
Share
The Wall Street PublicationThe Wall Street Publication
Font ResizerAa
Search
  • Home
  • Trending
  • U.S
  • World
  • Politics
  • Business
    • Business
    • Economy
    • Real Estate
    • Markets
    • Personal Finance
  • Tech
  • Lifestyle
    • Lifestyle
    • Style
    • Arts
  • Health
  • Sports
  • Entertainment
Have an existing account? Sign In
Follow US
© 2024 The Wall Street Publication. All Rights Reserved.
The Wall Street Publication > Blog > Tech > Microsoft-Activision Deal to Be Reviewed by FTC
Tech

Microsoft-Activision Deal to Be Reviewed by FTC

Editorial Board Published February 1, 2022
Share
Microsoft-Activision Deal to Be Reviewed by FTC
SHARE

WASHINGTON— Microsoft Corp.’s MSFT -0.71% proposed acquisition of Activision Blizzard Inc. ATVI 0.06% will be reviewed in the U.S. by the Federal Trade Commission, a person familiar with the matter said, placing the fate of the roughly $75 billion deal in the hands of an agency whose leader has questioned acquisitions by powerful technology companies.

The FTC, led by Chairwoman Lina Khan, will scrutinize whether the tech giant’s move to expand its videogame business will substantially lessen competition, this person said. All proposed mergers of substantial size must be submitted for government antitrust review, which is conducted by either the FTC or the Justice Department. Both agencies have closely scrutinized tech deals in the past. Bloomberg earlier reported on the FTC’s review.

A Microsoft representative declined to comment. Activision didn’t immediately respond to a request for comment. The companies have previously targeted 2023 for closing the transaction.

Since assuming office last summer, Ms. Khan has taken several steps to increase scrutiny of deals and reorient the agency’s enforcement posture.

“While the current merger boom has delivered massive fees for investment banks, evidence suggests that many Americans historically have lost out, with diminished opportunity, higher prices, lower wages, and lagging innovation,” Ms. Khan said on Jan. 18, announcing a broad reconsideration of U.S. policy toward mergers.

The moves have increased uncertainty about which mergers will win approval and how long those approvals will take.

At the same time, FTC officials say they are inundated with proposed mergers, taxing the agency’s staff. The FTC has separately been reviewing Amazon.com Inc.’s proposed acquisition of Hollywood studio MGM since last summer.

Both the Amazon and Microsoft deals could test whether Ms. Khan can translate her calls for tougher antitrust enforcement as a private citizen into results as a policy maker. Ms. Khan built her reputation as a critic of what she said was an overly permissive stance toward mergers in previous administrations, particularly in the technology sector.

Antitrust scholars say courts have been skeptical of challenges to large mergers in recent years.

Ms. Khan has signaled she won’t be shy about taking cases to court. “You lose all the shots you don’t take,” she said in a Jan. 19 appearance on CNBC.

Ms. Wu, a target of the GamerGate scandal, says Activision Blizzard’s CEO led a culture of non-accountability, during an interview at WSJ’s Women In: The Tech Industry event. (Video from 1/18/22)

Write to Ryan Tracy at [email protected] and Brent Kendall at [email protected]

The Microsoft-Activision Blizzard Deal

Copyright ©2022 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

Appeared in the February 2, 2022, print edition as ‘FTC to Review Activision Acquisition.’

TAGGED:Tech NewsWall Street Publication
Share This Article
Twitter Email Copy Link Print
Previous Article Avenatti decides not to testify at trial vs. Stormy Daniels Avenatti decides not to testify at trial vs. Stormy Daniels
Next Article VR to the ER: Metaverse Early Adopters Prove Accident-Prone VR to the ER: Metaverse Early Adopters Prove Accident-Prone

Editor's Pick

Nicki Minaj Calls Cardi B’s Daughter ‘Ugly’; Cardi Shoots Again That Nicki’s Son Is Nonverbal Because of Drug Use Throughout Being pregnant

Nicki Minaj Calls Cardi B’s Daughter ‘Ugly’; Cardi Shoots Again That Nicki’s Son Is Nonverbal Because of Drug Use Throughout Being pregnant

Studying Time: 3 minutes The Nicki Minaj vs. Cardi B beef has been occurring for years. Like, mainly for so…

By Editorial Board 4 Min Read
China opens world’s reported largest span bridge over Beipan River valley to visitors
China opens world’s reported largest span bridge over Beipan River valley to visitors

The Huajiang Grand Canyon Bridge opened to visitors for the primary time…

3 Min Read
Nicole Kidman-Keith City Divorce Particulars Revealed: Nicole Desires the Youngsters 10 Months Out of the 12 months!
Nicole Kidman-Keith City Divorce Particulars Revealed: Nicole Desires the Youngsters 10 Months Out of the 12 months!

Studying Time: 3 minutes Few celeb breakups have been as surprising because…

4 Min Read

Oponion

Ozzy Osbourne Lifeless? Daughter Kelly Lastly Responds to Rumor

Ozzy Osbourne Lifeless? Daughter Kelly Lastly Responds to Rumor

Studying Time: 3 minutes Kelly Osbourne wish to put a…

July 14, 2025

Will Smith Practically Kisses India Martínez, Calls Marriage Into Query Once more

Studying Time: 3 minutes First, it…

February 26, 2025

Why a second Durant period with Warriors — if it occurs — could be totally different from the primary

The Warriors are reportedly making an…

February 5, 2025

6 Greatest Adjustable Security Razors For Males In 2024 | Fashion

We independently consider all beneficial merchandise…

November 8, 2024

Stabbing on San Jose path underneath investigation

SAN JOSE – An investigation is…

December 27, 2024

You Might Also Like

Rating a Deal on Some WIRED-Examined Pet Gear This Prime Day
Tech

Rating a Deal on Some WIRED-Examined Pet Gear This Prime Day

Within the nice custom of Black Friday, Cyber Monday, and Amazon Prime Day, Amazon has unfold the financial savings like…

5 Min Read
I’ve Examined Dozens and Dozens of Wi-Fi Routers. These Are the Greatest for Your Residence
Tech

I’ve Examined Dozens and Dozens of Wi-Fi Routers. These Are the Greatest for Your Residence

Examine 12 Prime Wi-Fi RoutersDifferent Routers We Have ExaminedI've examined many different fashions and have a number of extra within…

37 Min Read
Kindle Offers Are My Favourite A part of Amazon Prime Day—Right here Are the Ones To Store
Tech

Kindle Offers Are My Favourite A part of Amazon Prime Day—Right here Are the Ones To Store

In the event you're available in the market for a brand new Kindle, the perfect Amazon Prime Day Kindle offers…

6 Min Read
A Killer Prime Day Deal on the Greatest Air Fryer on the Market
Tech

A Killer Prime Day Deal on the Greatest Air Fryer on the Market

It is ready to do that due to a pair options most air fryers lack: twin top-and-bottom burners, and a…

2 Min Read
The Wall Street Publication

About Us

The Wall Street Publication, a distinguished part of the Enspirers News Group, stands as a beacon of excellence in journalism. Committed to delivering unfiltered global news, we pride ourselves on our trusted coverage of Politics, Business, Technology, and more.

Company

  • About Us
  • Newsroom Policies & Standards
  • Diversity & Inclusion
  • Careers
  • Media & Community Relations
  • WP Creative Group
  • Accessibility Statement

Contact

  • Contact Us
  • Contact Customer Care
  • Advertise
  • Licensing & Syndication
  • Request a Correction
  • Contact the Newsroom
  • Send a News Tip
  • Report a Vulnerability

Term of Use

  • Digital Products Terms of Sale
  • Terms of Service
  • Privacy Policy
  • Cookie Settings
  • Submissions & Discussion Policy
  • RSS Terms of Service
  • Ad Choices

© 2024 The Wall Street Publication. All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?