"Microsoft faces legal battles and gaming concerns with Activision merger and Xbox Game Pass pricing"

1 min read
Source: The Verge
"Microsoft faces legal battles and gaming concerns with Activision merger and Xbox Game Pass pricing"
Photo: The Verge
TL;DR Summary

Microsoft CEO Satya Nadella, Xbox chief Phil Spencer, and other Xbox executives will appear in court to defend against the Federal Trade Commission's (FTC) case for its proposed Activision Blizzard acquisition. The FTC is seeking an injunction to block Microsoft from buying Activision Blizzard, which could push back the potential close date to months down the line, with the Xbox maker forced to renegotiate the terms of the acquisition with Activision or pay a $3 billion breakup fee. The hearing will start on June 21st, with the full hearing set across five days.

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