The acquisition of Bungie’s developer and publisher, Microsoft Studios, by Activision Blizzard has some U.S. senators in a tizzy over the alleged anti-competitive practices it will utilize to gain an advantage on its competitors like EA and Ubisoft.
The anticipated $68.7 billion Microsoft acquisition of Activision Blizzard isn’t resonating with everyone. According to the Wall Street Journal — or “the Wall” among friends — a group of four Democratic Senators sent a letter to the Federal Trade Commission expressing their displeasure with the transaction.
Senators Elizabeth Warren, Bernie Sanders, Cory Booker, and Sheldon Whitehouse stated that the buyout would “intensify the flurry of sexual-abuse, harassment, and retaliation charges at Activision emanating from recent federal and state probes.”
There was also discontent about the fact that Activision-Blizzard CEO Bobby Kotick had not yet been fired.
“The transaction between Microsoft and Activision Blizzard will not stop any of the efforts the Activision Blizzard leadership team has made during 2021 and is continue to execute in 2022 with respect to enhancing our environment,” an Activision official said. In conjunction with the transaction, no further special compensation arrangements for Mr. Kotick were made.”
This week, Activision was back in the news when ABK reached a $18 million settlement with California’s Federal Equal Employment Opportunity Commission.
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