Videogame Chiefs to Testify Over FTC's Push to Block Microsoft-Activision Deal
21 Juni 2023 - 12:55AM
Dow Jones News
By Sarah Needleman
Chief executives of Microsoft and Activision Blizzard are due to
participate in a federal court hearing this week over the Federal
Trade Commission's effort to prevent the companies from
merging.
Executives from Nvidia, Nintendo and Bethesda Softworks are also
due to testify in the five-day hearing, as well as several expert
witnesses, according to a Tuesday court filing.
The FTC last week sought an injunction in San Francisco federal
court, citing recent media reports that Microsoft was considering
closing its $75 billion deal for Activision.
The agency sued Microsoft in December to block the deal, saying
it is illegal and would harm competition in the videogame
industry.
Write to Sarah Needleman at sarah.needleman@wsj.com
(END) Dow Jones Newswires
June 20, 2023 18:40 ET (22:40 GMT)
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