FTC to conduct antitrust review of Microsoft ABK purchase

0
144

The United States Federal Trade Commission has reportedly started an antitrust review of the recently announced Microsoft deal to purchase Activision-Blizzard-King for nearly 70 billion dollars, according to a report from Bloomberg. Typically such an investigation would be initiated first by the Justice Department, however, it is the FTC taking the reigns this time, who Bloomberg described as “more aggressive” than the Justice Department in matters of antitrust.

 

READ MORE

How much money is $70B really: A look at the Microsoft/Activision-Blizzard historic deal

 

The news that the FTC has started its review comes after US congressmen and Chairman of the House Judiciary Committee Jerry Nadler signaled that the federal government intends to scrutinize the massive Microsoft/ABK deal carefully. Anti-trust laws exist for the purpose of ensuring that markets retain fair…

Read more…

LEAVE A REPLY

Please enter your comment!
Please enter your name here