The Federal Trade Commission’s request for an injunction stopping that acquisition heads toward opening arguments this week, the federal regulator cites one piece of what it calls “powerful evidence” that it can’t trust Microsoft’s assurances. In short, as the FTC puts it, “Microsoft’s actions following its 2021 acquisition of ZeniMax speak louder than Defendants’ words.”
I’m very happy that these agencies are blocking this acquisition. I had no faith they would.
There’s nothing good about the fourth largest video game publisher (third for first parties) acquiring the sixth largest (third for third parties). We need more variety, not more consolidation.