Jul 14, 2023
Fresh boost for Microsoft bid to buy Call of Duty maker
US competition watchdog, the Federal Trade Commission, has lost its latest bid to temporarily block Microsoft from completing its deal to buy the maker of Call of Duty. Any outstanding regulatory issues would make it more likely that Microsoft and Activision would have to negotiate an extension to their planned completion date. If the takeover does not go ahead Microsoft would be liable to pay Activision a breakup fee of up to $3bn. Microsoft did not immediately respond to a BBC request for comment. To address the FTC's concerns, Microsoft had agreed to license the hit video game Call of Duty to rivals, including a 10-year contract with Japan's Nintendo, if the deal was completed. European Union regulators have approved the deal, saying that Microsoft had addressed their competition concerns.
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