Microsoft’s CEO, Satya Nadella, has said that he doesn’t believe Microsoft’s acquisition of Activision Blizzard will be blocked by the US Federal Trade Commission.
Talking to the Financial Times, Nadella said that the deal would only place Microsoft as the third largest player in the video games industry, and the fragmentation of the market would prevent them from gaining a monopoly.
Microsoft Acquires Activision Blizzard: The Story So Far
The Microsoft/Activision Blizzard buyout will be investigated by the FTC, which reportedly has concerns around Big Tech companies such as Microsoft. The US commission has recently sued to block two major tech takeovers: Nvidia’s purchase of Arm, and Lockheed Martin’s takeover of rocket engine manufacturer Aerojet Rocketdyne Holdings.
For more on the deal, check out our full breakdown.
Matt Purslow is IGN’s UK News and Entertainment Writer.