Last week ended interestingly and NOT because of the random ending of The Game Awards and the call that the show needs to reformat and the organizer respects their own rules, but the FTC and their legal ban enforcement against Microsoft in its intention to buy Activision Blizzard.
It is known that the European Union is worried about the heights of Microsoft owning a conglomerate of gaming studios, the second in less than 5 years counting ZeniMax, the once parent company of Bethesda.
About their own process, it is known that they did, like the United Kingdom, a secondary protocol for further scrutiny of the Activision Blizzard buyout transaction which is not a HARD NO like it is the FTC in the USA, involving the legal system and having the Department Of Justice as a referee.
The thing and to sum all this, their public comment about going for suing Microsoft is that the European Commission executed a thorough antitrust review during the turn of buying Bethesda and that Microsoft promised the EU that "would not have the incentive to withhold ZeniMax titles from rival consoles."
The problem for the FTC, is that the European Union has already published that THIS IS NOT FACTUALLY RIGHT and “that Microsoft made no such commitment as part of the antitrust review and the transaction was approved unconditionally as the did not find any evidence that the transaction would mean in worse competition”.
While things look entirely different, practically USA’s FTC is botching both EU’s and their own effort to have a legal stand against Microsoft buying Activision Blizzard.
Observers says that the FTC might have done not one but two damaging here and first of all is failing miserably on having Microsoft look evil as plainly, as the EU confirms that Microsoft was truthful and have not go against the commitment that allowed European Union to give the thumbs up for the Bethesda acquisition and Microsoft so far in the first review and the current secondary scrutiny have been honest.
I would like to remind you that current Federal Trade Commission leadership under the Biden Administration has never been shy of its intention to not allow tech giants and big companies with the purchase spree just for the sake of growing.
But, I definitely foresee this as the biggest mistake if their own lawsuits backfire or they are forced to make concessions acceptable to Microsoft as the best scenario so far for them.
Via Resetera
Editor's note: And by the way, yes, the picture for this article was PUN INTENTED 100%!