FTC Lawsuit Against Microsoft/Activision Blizzard Merger Gains Support from Nevada Senator
Background
The Federal Trade Commission (FTC) and seven states have filed a lawsuit to block the proposed merger between Microsoft and Activision Blizzard. The FTC alleges that the merger would give Microsoft an unfair advantage in the gaming industry and harm competition.
Nevada's Involvement
Nevada Attorney General Aaron Ford announced that the state has joined the FTC's lawsuit. Nevada is one of eight states that have joined the FTC's lawsuit, along with California, Connecticut, New York, North Carolina, Pennsylvania, Tennessee, and Vermont.
US Senator Jacky Rosen's Involvement
U.S. Senator Jacky Rosen (D-NV) has also joined the effort to block the merger. Rosen sent a letter to FTC Chairwoman Lina Khan urging the FTC to consider blocking the merger. Rosen expressed concerns that the merger would harm competition and lead to higher prices for consumers.
Conclusion
The FTC's lawsuit against the Microsoft/Activision Blizzard merger is still ongoing. It is unclear when the lawsuit will be resolved, but it is likely that the case will go to trial. The outcome of the lawsuit could have a significant impact on the gaming industry.
Comments