In a new signal that FTC is not giving up on reversing #ActivisionBlizzard acquisition in the future, the regulator wrote to the 9th Circuit of Appeal Court that Microsoft contradicted on its promise that both Microsoft & ABK will operate independently post-merger. All this as a result of the recent layoff at Microsoft Gaming that also included redundant jobs and the eSport department of Activision Blizzard. After failing to win a Preliminary Injunction in Summer 2023, FTC has said that it will continue its inner process that if successful (an uphill road at best as per observers), could force Microsoft to divest ABK, but either way the process could take years. There is a chance that if by 2024 US Elections, there is a change in FTC administration and a republican one takes over, the FTC could abandon the efforts. The FTC under Biden Administration, has grown intolerant on mergers that means big companies just becoming bigger but, the low success rate has been questioned by Congress with tax money being used just to fail and FTC requesting more funding regardless. Meanwhile, Microsoft has denied FTC's accusation on the #ABK independence promise post-merger, indicating that Activision was already on plans for running layoffs before the deal's closure is incorrect to fully attribute to Microsoft Gaming's process. #Gaming #GameNews #youtubegaming 🕹🎮

📼✔️BUT OF COURSE I had to make a new video about some takeaways of the #ActivisionBlizzard deal closure to start your week with new #gaming content. HERE⬇️ https://www.youtube.com/watch?v=40H_NPH4_BI

The FTC will renew its fight against #ActivisionBlizzard acquisition with in-house trial to try to force a divestiture if merger already took by 21 days after the 9th Circuit of Courts Appeals issue their decision on the Preliminary Injunction denial appeal. While there is a small chance of success in the best case scenario for the FTC, the litigation could take years anyways taking in perspective all the step backs since day one. All this meanwhile, we have to count at the UK CMA to give an approval after the Ubisoft entered an agreement about purchasing ABK's Cloud Gaming rights, entered the picture. Observers sees difficult on how FTC can justify a case were virtually should not use data and steps taken in the Preliminary Injunction hearing, should not try to proxy the CMA's process to favor their arguments & how effective is the spending of taxpayers on a virtual lost case. #Gaming #GamingNews

Reminding you all that I AM NOT A LEGAL/MERGER expert! I partially agree that CMA made Microsoft step a landmine after FTC's fiasco on #ActivisionBlizzard prem-injuction. But then again, CMA STILL is on the fence regardless of this "petty victory" on delaying the inevitable.

While it was NOT REQUIRED to close the transaction, New Zealand became the latest & last country on approving the #ActivisionBlizzard acquisition by Microsoft, after months leaning on disapprove at all. Now the UK with the CMA is the true final scenario. #Gaming #GamingNews

FTC has withdrawn its administrative case to block #ActivisionBlizzard acquisition that was scheduled for August 2nd. While it it was done as Microsoft leave them no choice, the FTC could file the case again BUT, the already lack of legal standing to do so. #Gaming #GamingNews

FOSSPatents reports that top UK government officials issued a clear warning to the CMA concerning its attempt to block #Microsoft's purchase of #ActivisionBlizzard. Now things got interesting if CMA have Mavericks that believes that Microsoft is bad because all they have done in the 90's. It is clear that officials know that Microsoft pulling Xbox out of UK as retaliation a real possibility & last the thing local economy needs.

On this week's episode of TWIG: - Recaps of the #D23Expo and #UbisoftForward events - Interesting #Tencent business dealings - Sony cries wolf over #ActivisionBlizzard acquisition Catch [Lambency] and I over at twitch.tv/itslambency tomorrow at 9pm EST :yum:

The CEO of Activision Blizzard Bobby Kotick is back in the news and it is that there are two novelties that have now come to light. The first is a CNBC report where a political donation monitoring group discovered that the businessman created two companies to supply donations to supporters of the Republican Party and the unfortunate and usual reason for this is the possibility of having legislation that may be of benefit. for him, not for the video game industry or anything like that. As if that were not enough, the other note is that The Wall Street Journal informs that the thing with the case of the State of California has escalated and an order has been made for the Los Angeles Police Department to submit all reports regarding complaints in against this and up to 18 Activision Blizzard executives. Also the Security Exchange Commission has also requested a court order for a process that is running on their behalf. Regarding this second report and addressing the SEC, an Activision representative called the SEC's requirement "an extraordinary fishing attempt", in a clear attempt to minimize the importance of this. After all, the attitude that led to this legal and employment situation, the arrogance and self-right of feeling that they do not have to answer for their actions. https://www.wsj.com/articles/regulators-widen-activision-blizzard-probes-over-workplace-issues-11645136343 #Activision #ActivisionBlizzard #BobbyKotick

Vuelve a ser noticia el CEO de Activision Blizzard Bobby Kotick y es que son dos novedades que ahora salieron a luz pública. La primera es un reportaje de CNBC donde un grupo de fiscalización de donativos políticos descubrió que el empresario creó dos compañías para suplir de donativos a partidarios del Partido Republicano y la lamentable e usual razón de esto es la posibilidad de tener legislaciones que puedan ser de beneficio para él, no para la industria de videojuegos ni nada por el estilo. Por si fuera poco, la otra nota es que The Wall Street Journal informa que la cosa con el caso del Estado de California ha escalado y se ha hecho una orden para que El Departamento de Policía de Los Angeles someta todo reporte en cuanto a querellas en contra de este y hasta 18 ejecutivos de Activision Blizzard. También la Security Exchange Comission ha solicitado también una orden judicial para un proceso que está corriendo por su parte. Sobre este segundo reporte y dirigiéndose a la SEC, un representante de Activision tildó el requerimiento de la SEC como "un intento extraordinario de pesca", en claro intento de minimizar la importancia de esto. Al fin y al cabo, la actitud que llevó a esta situación legal y de empleomanía, la soberbia y el auto derecho de sentirse que no tienen que responder por sus actos. https://www.wsj.com/articles/regulators-widen-activision-blizzard-probes-over-workplace-issues-11645136343 #Activision #ActivisionBlizzard #BobbyKotick