FTC Condemns Microsoft Layoffs as Unacceptable

FTC Files Lawsuit Against Microsoft Over Activision Blizzard Layoffs

The Federal Trade Commission (FTC) has taken legal action against Microsoft in a federal court, alleging that the company’s recent layoffs at Activision Blizzard are inconsistent with its earlier claims that the two companies would continue to operate independently following their merger. The lawsuit raises concerns about potential violations of Section 7 of the Clayton Act, which prohibits acquisitions that could lead to monopolies or decrease competition in the market. This development indicates that Microsoft’s legal battle with the FTC is far from over, despite the regulatory body’s previous approval of the acquisition.