Activision Blizzard Executive Vice President of Corporate Affairs Lulu Cheng Meservey has tweeted that the company “will not hesitate to fight to protect” Microsoft’s $68.7 billion acquisition of the publisher. The comment came after reports began circulating that the US Federal Trade Commission could Sue against Microsoft over this agreement. Anonymous sources claiming to be close to the matter also suggested that a lawsuit from the FTC could begin as early as December.
“Seen a lot of speculation about Microsoft acquiring Activision Blizzard,” said Cheng Meservey. “Any suggestion that the transaction could have an anticompetitive effect is absurd. This merger will benefit U.S. gamers and the gaming industry — especially as we face stiffer competition from abroad.” That could be a reference to large European and Chinese companies like Embracer Group and Tencent investing in game studios and related intellectual property. hugger bought the rights for The Lord Of The Rings earlier this year at an upfront cost of SEK 6 billion (£476 million), while Tencent recently invest €300m (£258m) in Ubisoft’s founding family company, Guillemots.
“We are committed to continuing to work with regulators around the globe to enable transactions to proceed,” continued Cheng Meservey, “but will not hesitate to fight to protect transactions if that is the case. necessary, needs.” While the VP didn’t elaborate on what that means, it’s clear that senior figures at Activision Blizzard are determined to execute the deal even if it means a direct legal challenge. from the US government’s competition watchdog.
Microsoft’s acquisition of Activision Blizzard is still being investigated by the whole UK Competition and Market Authority and European Commission, prior to any consent. Both agencies expressed concern that the proposed deal could affect competition in the industry and have a knock-on effect on consumers. Some of this stems from speculation about the future of current cross-platform series like Call Of Duty, which Microsoft has released. argumentative.
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