FTC Sues Microsoft Over Activision Layoffs

US Federal Trade Commission Files Complaint Against Microsoft for Layoffs at Activision Blizzard

The US Federal Trade Commission (FTC) has lodged a complaint against Microsoft, asserting that the recent layoffs at Activision Blizzard violate the terms set for the company acquisition. The FTC claims that Microsoft’s actions contradict its earlier assurances that Activision Blizzard would remain an independent entity after the merger, with the status quo maintained. The FTC argues that Microsoft’s promise to divest any or all of the Activision businesses in the event of a divestiture order is now undermined by the layoffs.