Yesterday America's Federal Trade Commission said it remained focused on its appeal opposing Microsoft's deal to buy Activision, reports Reuters Reuters notes that Microsoft and Activision closed their transaction Friday "after winning approval from Britain on condition that they sell the streaming rights to Activision's games to Ubisoft Entertainment." But the U.S. Federal Trade Commission "has also fought the deal, and has an argument scheduled before an appeals court on December 6. The agency said on Friday that it remained focused on that appeal." An FTC spokesperson had this comment for Reuters. "The FTC continues to believe this deal is a threat to competition."

Source: New York Times October 14, 2023 21:07 UTC