Microsoft and Activision Face Off in Court: Pre-Trial Hearing Set for January 3rd!

Microsoft and Activision Face Off in Court: WASHINGTON, Dec 30 (Reuters) – The first hearing in the action the Biden administration is bringing against Microsoft (MSFT.O) about the company’s $69 billion takeover offer for the company that makes “Call of Duty” has been scheduled for January 3 by the court presiding over the case (ATVI.O).

Microsoft and Activision Face Off in Court
Microsoft and Activision Face Off in Court

The Federal Trade Commission (FTC), responsible for enforcing antitrust law, requested a judge earlier this month to block the transaction.

The FTC argued that the merger would allow Microsoft‘s Xbox exclusive access to Activision games, leaving Nintendo consoles and Sony‘s PlayStation in the cold. The judge denied the FTC’s request to block the transaction.

Microsoft has retorted that the deal would benefit gamers and gaming firms. The company has offered to sign a legally binding consent decree with the FTC to provide “Call of Duty” games to competitors such as Sony (6758.T) for ten years.

Microsoft included the argument in a file with the Federal Trade Commission (FTC) to persuade a court to approve the transaction so it may move forward.

The case indicates that the administration of United States Vice President Joe Biden is taking a robust approach to implementing anti-trust laws.

However, antitrust specialists believe that the Federal Trade Commission (FTC) will have difficulty persuading a judge to stop the merger because Microsoft has voluntarily agreed to make concessions to satisfy concerns that it could control the gaming sector.

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