Bobby Kotick responds to FTC's demand against Microsoft
Yesterday it was announced that the Federal Commission of Commerce of the United States, or FTC) had issued a lawsuit against Microsoft for its purchase of Blizzard Activision. Upon making this information known, Bobby Kick, CEO of Activision Blizzard, issued a statement where he assures that the acquisition will be carried out. Kick's mail for its employees indicates that, at the end of the day, the purchase of Blizzard Activision will be carried out, and it is not necessary to worry. The CEO mentions that this process will be completed, since this acquisition represents a benefit not only for them, but for players and industry in general. This was what he commented:
Team,
I wanted to provide a brief update on our pending merger with Microsoft.
This week, the Federal Commerce of the USA (FTC) announced its decision to challenge the agreement. This means that they will file a lawsuit to block the merger and a judge will hear the arguments.
This sounds alarming, so I want to strengthen my confidence that this treatment will close. The accusation that this agreement is anticompetitive does not align with the facts, and we believe we will win this challenge.
Thanks to the hard work of all of you every day, we are on a good way, providing epic joy to players around the world with what I think they are the best games in the industry. At the same time, the competitive panorama is changing and, in a nutshell, a combination of Microsoft Ads will be good for players, good for employees, good for competition and good for the industry. Our players want options, and this gives them exactly that. You can read more about the details of those points in this update that we recently share with you.
We believe that these arguments will gain despite a regulatory environment focused on ideology and erroneous concepts on the technological industry.
Thank you for your dedication and creativity.
Bobby.
In its demand, the FTC points out that Microsoft is looking to create a monopoly in the video game industry. As in the review that is being carried out in the United Kingdom, it is pointed out that the exclusivity of Call of Duty would affect Nintendo and PlayStation. At the moment it is unknown how this conflict will culminate. In related issues, you can learn more about this demand here. Similarly, this was Microsoft's response about it. Editor's note: More than Microsoft, Activision Blizzard and Bobby Kick want this purchase to take place. In that this does not happen, it is likely that the internal problems we were seeing a year ago are repeated, and the gold parachute for the CEO is not so likely.
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