Microsoft Xbox has been facing a number of issues and problems as it tries to purchase Activision Blizzard. The US Federal Trade Commission (FTC) has stepped in to block Microsoft’s proposed $69 billion purchase of the gaming giant, citing antitrust concerns.
The FTC is seeking to block the deal in order to protect consumers, who could be subject to higher prices and fewer choices if the deal is allowed to go through. Microsoft’s bid to purchase Activision Blizzard has also come under fire from Sony, which is seeking to protect its own gaming business. Sony argues that the acquisition would give Microsoft greater control over the video game market and harm competition. Sony also claims that the deal would give Microsoft an unfair advantage over other gaming companies, as it would allow the company to leverage its already-dominant position in the market. In addition to these antitrust concerns, Microsoft also faces accusations that it is trying to buy Activision Blizzard in order to gain exclusive access to the company’s popular games. Microsoft has denied these claims, but critics argue that allowing the deal to go through would still give the company an unfair advantage over its competitors. The FTC is currently in the process of conducting an in-depth review of the proposed deal
