The Federal Trade Commission (FTC) has come out against Microsoft's proposed purchase of gaming giant Activision Blizzard. The FTC is concerned that the deal would give Microsoft an unfair advantage in the emerging market of virtual worlds, a growing part of the gaming industry. Microsoft's acquisition of Activision Blizzard would give it control over some of the most popular virtual world titles, including World of Warcraft and Overwatch. The FTC believes that such a monopoly would be detrimental to competition, as it would give Microsoft an unfair edge over other developers and consumers. Microsoft has argued that the deal would create more competition and innovation in the virtual world space. The FTC will now review the matter and decide on whether to approve or reject the deal.
Source: Cointelegraph