Overview

• Microsoft is attempting to purchase Activision Blizzard for $69 billion but the deal is being challenged by the Federal Trade Commission.
• The FTC argues the merger will allow Microsoft to unfairly dominate the gaming industry.
• Microsoft claims if the deal is blocked, it will fall apart completely.
• Sony emerged as a leading opponent, citing an internal Microsoft email showing their intention to undermine PlayStation.
• Top executives from Microsoft, Activision, and Xbox testified over two days of hearings.