Regulator Claims Microsoft Violated Merger Promises with Activision Layoffs

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Source: Gizmodo
Regulator Claims Microsoft Violated Merger Promises with Activision Layoffs
Photo: Gizmodo
TL;DR Summary

The Federal Trade Commission has criticized Microsoft for laying off 1,900 workers, mainly from Activision Blizzard, following its acquisition, stating that the move contradicts promises made during the merger approval process. Microsoft's gaming chief had previously emphasized alignment and growth opportunities. The FTC's letter comes after Senator Elizabeth Warren urged the regulator to maintain its stance against the merger. Despite completing the acquisition last October, Microsoft is still facing opposition from the FTC, which believes the layoffs could complicate any potential divestiture if the regulator succeeds in undoing the merger.

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