The Federal Trade Commission is suing to block Microsoft's$69
billion deal to buy Activision Blizzard. The FTC announcing
that it's filed an antitrust case against the deal,
saying that it believes Microsoft will withhold content from its
gaming rivals, shares of Activision Blizzard on the move
today down 1.5%. Microsoft stock up though close to
1%. And Microsoft has repeatedly said that it will
not prevent games like Call of Duty from going to
rival Sony, which makes the Playstation. Now,
the concern is largely wrapped up in Microsoft, owning
the Xbox and possibly restricting content to that console.
Only Microsoft saying the goal was to close the deal
by june of 2023 thinks it would improve competition in
the gaming space. Well, FTC commissioners voting 3
to 1 to move forward with the complaint.