US FTC seeks to block Microsoft's acquisition of Activision
US FTC seeks to block Microsoft's acquisition of Activision
The Federal Trade Commission asked a court to temporarily block Microsoft Corp's acquisition of Activision Blizzard on Monday, seeking to halt the deal from closing before the government's case against the $69 billion deal is heard.
The U.S. Federal Trade Commission will file an injunction blocking Microsoft Corp's (MSFT.O) acquisition of Activision Blizzard (ATVI.O), a source familiar with a planned court filing said on Monday.
Fucking GOOD. Why so many companies are being allowed to so blantantly attempt to become monopolies is beyond me.
I don't understand why there seems to be so much widespread support amongst people of different ideological backgrounds for this deal. The more companies are allowed to do this, the worse it will be for consumers.
People aren't thinking about it like that unfortunately. They're going into it thinking that this'll mean CoD on Xbox Game Pass, improvements to shooters that MS produces, and so on. They're not considering the long term impact on us, the consumer