Bobby Kotick Claims that the FTC Leveraged the CMA to Block Microsoft's Activision Deal

Bobby Kotick has recently voiced his opinion that the US Federal Trade Commission employed the UK Competition and Markets Authority as a means of blocking Microsoft's Activision Blizzard deal.

In a recent interview with CNBC, Activision Blizzard's CEO discussed the blockage of Microsoft's acquisition of his company. He revealed his surprise upon learning that the head of the FTC, Lina Khan, had met with the chief of the CMA shortly before the regulator's decision and shared his belief that the FTC leveraged the CMA to obstruct the deal between the two firms.

It's worth noting that there was no secrecy surrounding the meeting between the heads of the FTC and the CMA, and the discussion about the Microsoft deal did not officially take place.

Previously, the FTC had filed a lawsuit to prevent the Microsoft deal from proceeding in the US. Reports suggested that the company was planning to proceed with the deal despite the lawsuit and was awaiting approval from the European Commission and the CMA. However, the UK's regulator made an unexpected decision to block the deal.

You can find Bobby Kotick's interview here. Also, don't forget to join our 80 Level Talent platform and our Telegram channel, follow us on Instagram and Twitter, where we share breakdowns, the latest news, awesome artworks, and more.