Activision Blizzard CEO Bobby Kotick’s recent claims about the Federal Trade Commission (FTC) and Microsoft’s proposal to acquire Activision Blizzard have caused concern.
Kotick alleges that the FTC is working with the Competition and Markets Authority (CMA) to prevent Microsoft from acquiring Activision Blizzard. According to Kotick, the FTC is trying to block the acquisition by using the CMA to review the deal.
The proposed deal between Microsoft and Activision Blizzard is worth billions of dollars. The acquisition would significantly increase Microsoft’s presence in the gaming industry and have a major impact on its competitors.
However, the FTC’s use of the CMA to block the deal could prevent it from happening and cause a major shift in the gaming industry.
Neither the FTC nor the CMA have made an official statement yet, but Kotick’s claims are being closely watched by the gaming industry and investors. We are waiting for more information on how the situation will develop and the future of Microsoft and Activision Blizzard.
