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FTC seeks pause on Microsoft-Activision deal amid layoff controversy
The FTC has filed a complaint against Microsoft, questioning the tech giant's recent layoffs at Activision Blizzard and challenging the integrity of its acquisition promises.
The FTC’s apprehensions were formalized in a complaint submitted to a federal appeals court on Wednesday, calling for a temporary halt on Microsoft’s acquisition of Activision Blizzard amid ongoing investigations into potential antitrust violations. Microsoft had previously assured the FTC that the acquisition of Activision Blizzard would be managed as a vertical integration, implying that layoffs would be unnecessary due to the absence of overlapping roles. While the U.K.’s Competition and Markets Authority gave the green light to Microsoft’s $69 billion acquisition of Activision Blizzard in October, the FTC remains unconvinced, continuing to challenge the merger.
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