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Activision Blizzard was formed in July 2008 as a merger of Activision Inc. and Vivendi Games, a subdivision of the French media conglomerate Vivendi, which owned Blizzard Entertainment. The merger was influenced by the rapid growth of Blizzard's flagship product, the subscription-based massively multiplayer online game (MMO) World of Warcraft.
On December 8, 2022, the FTC voted to file a legal challenge to block Microsoft's acquisition of Activision Blizzard. In the lawsuit, the FTC alleges that Microsoft would use its Xbox gaming consoles, Xbox Game Pass, and Xbox Cloud Gaming to suppress competitors, a view point shared by FTC Bureau of Competition director Holly Vedova.
Activision Blizzard's titles have broken a number of release records. [6] [7] [8] As of March 2018, it was the largest game company in the Americas and Europe in terms of revenue and market capitalization. [9] The company has also been involved in multiple notable controversies, including allegations of infringed patents and unpaid royalties.
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The Federal Trade Commission on Monday applied for a temporary restraining order and preliminary injunction seeking to block Microsoft’s acquisition of Activision Blizzard before the deal’s ...
The Federal Trade Commission on Thursday filed its appeal of a federal judge’s decision earlier this week allowing Microsoft to close its $69 billion merger with Activision Blizzard.
The letter said that, given Activision Blizzard's stature in the gaming community, its decision "could have a chilling effect on gamers who seek to use their platform to promote human rights and basic freedoms" and that the company must decide whether to "promote American Values - Like freedom of speech and thought - or give in to Beijing's ...