Microsoft vs. FTC: Judge Sets First Hearing for January 3 | XboxOne
Microsoft is currently waiting for the validation of its proposed takeover of Activision Blizzard. Among the institutions protecting competition that have reservations about the operation, we find the American Federal Trade Commission (FTC). We learn in the lines of Reuters that the first preliminary hearing in the trial will be held this Tuesday, January 3, 2023.
The legal field follows the media
The announcement of the acquisition of Activision Blizzard by Microsoft has logically shaken the video game industry given the scale of the operation. One of the main effects of this news has been a strong media presence from Microsoft during 2022, either to retaliate against Sony’s statements or to adopt a confident posture.
Although the media contest could at times exasperate the players, it was necessary on one side or the other to support the arguments in favor or against the takeover of the publisher. However, Microsoft and Activision Blizzard are now preparing to defend the deal before institutions whose verdict may have a concrete impact on the operation.
This preliminary hearing will be an opportunity for Microsoft to convince the judge that there is not sufficient evidence to justify the anti-competitive nature of the deal and thus avoid the lawsuit brought by the FTC against it. Future media turmoil is sure to result in some interesting insights into the industry and its business practices, as Epic Games’ defense in its lawsuit against Apple was able to provide.
As Reuters reports, antitrust experts say the FTC doesn’t have an easy job of convincing a judge to block the deal because of Microsoft’s concessions to allay concerns that the company could dominate the software market. games.
To understand everything about this historic takeover and discover the upcoming schedule in 2023, we invite you to consult our complete file on the stakes of the takeover of Activision for Microsoft.
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