AGG Litigation partner and chair of the Antitrust & Competition practice, Jeff Jacobovitz, was quoted in an article published in the AFK Gaming Esports Business Insights Newsletter titled “The Nuances of an FTC Probe into Microsoft-Activision Blizzard Acquisition” on February 11, 2022.
Although the Federal Trade Commission (“FTC”) is taking the lead on looking into Microsoft’s planned $68.7 billion acquisition of Activision Blizzard, Jeff stated the news may not be as significant as people think as the Department of Justice and FTC have shared jurisdiction on antitrust cases in the past.
Jeff also stated that this deal will get a lot of scrutiny due to its scope, size, and overall impact on the gaming market.
“The merger is going to be scrutinized carefully, but whether it will be ultimately challenged or not, that’s a different story,” said Jeff. “It’s not clear, but certainly based on the statements coming out of the FTC on tech and the pressure being exerted by the legislature, I think that it will be a battle.”
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