Microsoft is interested in acquiring Activision, but a growing number of roadblocks are standing in the way of the transaction. It’s no surprise, given that we’re talking about a sum of 68.7 billion dollars, and that means that thousands of individuals are carefully scrutinizing all the specifics and conditions.
Senators from the United States of America submitted a letter to the Federal Trade Commission. They expressed their displeasure with Activision Blizzard for years of widespread sexual harassment, discrimination, and violations of the company’s labor rules in the letter. Microsoft was also recognized for its workplace conditions.
As a result, they believe Microsoft was being cynical in its attempts to profit from the Activision Blizzard affair. Furthermore, because Microsoft is acquiring a large number of studios while being the only big buyer in the United States market, the transaction itself may be in violation of antitrust rules.
Not only that, but Kitty is currently the subject of an inquiry. He is suspected of meeting with a particular Alexander von Furstenberg prior to the announcement of the arrangement with the designer. Furstenberg then purchased stock options, with the potential to earn $100 million if the sale goes through. It goes without saying that the authorities were intrigued by the unusual coincidence.