The US Blocks Microsoft's Buyout of Activision/Blizzard?

16/06/2023 6 min

Listen "The US Blocks Microsoft's Buyout of Activision/Blizzard?"

Episode Synopsis

Microsoft's attempted $69 billion takeover of Activision Blizzard has been temporarily blocked by a US judge, following concerns raised by the US Federal Trade Commission (FTC) that the merger could significantly reduce competition in the gaming industry. The EU had previously approved the deal. Critics of the deal argue independent studios are being increasingly bought out, destroying competition in the industry.