Microsoft says it has 'complete confidence' in its case as the US FTC begins its formal bid to block the gaming mega deal.
Microsoft says it has"complete confidence" in its case as the US FTC begins its formal bid to block the gaming mega deal.US regulators have filed a complaint aimed at stopping Microsoft's planned $69bn takeover of Call of Duty games maker Activision Blizzard.- the biggest in the gaming sector to date.
On Thursday, the US Federal Trade Commission said it was bidding to block the deal on the grounds that rivals would have restricted access to gaming content.The agency said that Microsoft had a record of buying valuable gaming content and using it to suppress competition from rival consoles. Holly Vedova, director of the FTC's Bureau of Competition said:"Microsoft has already shown that it can and will withhold content from its gaming rivals.
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