YES-SCOPE: Activision, Microsoft, and FTC Enter a New Antitrust Phase(VL646)

Activision Blizzard's year of news appearances is almost unbelievable, but perhaps none more so than the announcement that Microsoft and Xbox is purchasing them for just under $70 BILLION in cash.

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Now, the FTC has moved to even more closely examine the records and business dealing of the two companies - an expected (but time-consuming) advancement of regulators' antitrust review of the biggest deal in gaming history.

Government regulators don't usually no-scope...in Virtual Legality.

CHECK OUT THE VIDEO AT: https://youtu.be/eGFqr-rcAK4

#Activision #Microsoft #FTC

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SEASONED GAMING BITCAST - SUNDAYS AT 11:00 EASTERN
https://www.youtube.com/channel/UCgHBXONMT06nX_8RZ5r32UA

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CHAPTERS

00:00 Introduction
3:07 A Request for Votes/Insider Trading
11:41 Regulators and Legal Issues (Summary)
18:30 The Board Explains its Reasoning
24:56 The FTC and Second Requests
37:59 A Litany of Litigation
41:17 Conclusion

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Discussed in this episode:

"Microsoft x Activision"
Hoeg Law Playlist
https://www.youtube.com/playlist?list=PL1zDCgJzZUy_vBs7Qt9-ROfumOtIrSdP8

ACTIVISION DOCUMENTS/STOCK
https://investor.activision.com/financial-information/sec-filings
https://investor.activision.com/static-files/eae7f6a4-35b2-4884-9f7e-397dfdd1890b
https://money.cnn.com/quote/shareholders/shareholders.html?symb=ATVI&subView=institutional
https://www.wsj.com/articles/u-s-probes-options-trade-that-gained-on-microsoft-activision-deal-11646787000
https://arstechnica.com/gaming/2022/03/report-sec-investigating-activision-blizzard-investors-for-insider-trading/

LAW
https://www.ftc.gov/advice-guidance/competition-guidance/guide-antitrust-laws/mergers/premerger-notification-merger-review-process

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"Virtual Legality" is a continuing series discussing the law, video games, software, and everything digital, hosted by Richard Hoeg, of the Hoeg Law Business Law Firm (Hoeg Law).

CHECK OUT THE REST OF VIRTUAL LEGALITY HERE:
https://www.youtube.com/playlist?list=PL1zDCgJzZUy9YAU61GoW-00K0TJOGnPCo

DISCUSSION IS PROVIDED FOR INFORMATIONAL PURPOSES ONLY AND IS NOT TO BE CONSTRUED AS LEGAL ADVICE. INDIVIDUALS INTERESTED IN THE LEGAL TOPICS DISCUSSED IN THIS VIDEO SHOULD CONSULT WITH THEIR OWN COUNSEL.

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Twitter: @hoeglaw
Web: hoeglaw.com