Activision is willing to defend its merger with Microsoft, fighting in court if necessary

Axel Springer CO2

Activision Blizzard COO Lulu Cheng Meservey responds to the latest rumors about its sale to Microsoft, stating that she is willing to fight to defend the transaction if necessary.

Microsoft announced in January its plan to buy Activision Blizzard for $68.7 billion, but a process of that magnitude has drawn the attention of market regulators around the world, who are investigating the deal to make sure it Microsoft do not engage in monopolistic actions that may reduce competition.

The last turn of the agreement has been a report by Politico, which cited 4 anonymous sources from the FTC (United States Federal Trade Commission) stating that they were planning to sue Microsoft.

We already know Microsoft’s position: they are fighting tooth and nail for their purchase to go ahead, and they can buy Activision Blizzard King with all that that entails (Call of Duty, Overwatch, Warcraft, Candy Crash, Crash Bandicoot…).

but what do you think Activision from all of this? In the midst of so many rumours, Lulu Cheng Meserveythe COO of Activision Blizzard King, has stated that “they are willing to fight to defend the transaction if necessary.”

Cheng Meservey, the chief operating officer of Activision Blizzard King, who has only been in the role for a few months after being appointed to increase the number of women on her board of directors, thinks that “any suggestion that the transaction may be anti-competitive is absurd“.

This merger will benefit gamers and the video game industry in the United States, especially as we face so much competition from abroad.“.

We are committed to continuing to cooperate with regulators around the world to enable the transaction to go forward, but we will not hesitate to fight to defend it if necessary.“.

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The CMA puts pressure on Microsoft and Activision… and the FTC raises the stakes

Cheng Meservey refers to the possibility that Microsoft go to court by an FTC lawsuit, which is still uncertain, but according to the article from a few hours ago, it is “likely.”

The United States Trading Commission (FTC), led by Lina Khanis known for being very strict against mergers and purchases of large technology companies.

But it is worth noting that, while other equivalent antitrust agencies in other countries, such as the CMA English, are focused on the impact that this purchase may have on the market (and basically whether “their Call of Duty” will be exclusive or not, with Sony eating their ear), the FTC also extends its concerns that Bobby KotickActivision CEO implicated in multiple cases of sexual harassment and protected by the board, exit this agreement with a “golden parachute”.

In declassified documents from Sony yesterday, the PlayStation company was sure that the CMA (the United Kingdom body) would block the deal… and as if that were not enough, now there is a question as to whether the FTC will raise the case Activision Blizzard to court. This mess is going to take months to solve….

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