Activision/Blizzard Claims to Fight to Defend Microsoft Acquisition

Ever since tech giant Microsoft announces a proposed $68.7 billion acquisition of major video game publisher company Activision/Blizzard earlier this year, UK regulators are looking into it while Sony keeps overstating their concerns.

Despite a generous offer by Xbox to keep Call of Duty franchise on PlayStation consoles, Sony CEO Jim Ryan considers it inadequate. Remaining silent on the takeover for so long, Activision finally confirms that they will fight for the deal.

Activision/Blizzard CCO Lulu Cheng Meservey recently took social media to address a bunch of speculations regarding ongoing acquisition deal by Microsoft and claims that it's a very absurd idea to even think the deal is anti-competitive.

She points out that Microsoft's takeover of Activision will be beneficial for gamers and gaming industry in US since they are facing some serious competition from abroad, possibly hinting at their recent dispute with NetEase over license.

Executive vice president for A/B corporate affairs, Lulu Cheng Meservey shared her statements on Twitter.

We're committed to continuing to work cooperatively with regulators around the globe to allow the transaction to proceed, but won't hesitate to fight to defend the transaction if that's needed.

— Lulu Cheng Meservey (@lulumeservey) November 24, 2022

Meservey's remarks were probably in response to a Politico report, claiming US Federal Trade Commission may file an anti-trust lawsuit to potentially block Microsoft's proposed acquisition of Activision/Blizzard out of growing concerns.

Microsoft is willing to make longer-term agreement for having Call of Duty on PlayStation and reportedly offered Sony a 10-year deal. Brazil and Saudi Arabia has already approved this deal while regulators have expanded their inquiry.