Microsoft Says It Offered FTC Consent Decree on Call of Duty
Microsoft Corp. said that antitrust regulators shrugged off its offer to make Call of Duty available to gaming rivals — including Sony Group Corp. — as part of its $69 billion purchase of Activision Blizzard Inc.
The company, which needs regulatory approval in 16 countries for the Activision deal, made the offer before meetings with US Federal Trade Commission commissioners last week, according to President Brad Smith. But the agency went ahead and voted to sue to block the deal.
“The thing that probably disappoints me is not that we will have to present this case to a judge in a court because this is a case in which I have great confidence,” Smith said at Microsoft's annual shareholder meeting Tuesday. “I'm disappointed that the FTC didn't give us the opportunity to even sit down with the staff to even talk about our proposal to even see if there was a solution there.”
The FTC has said it's concerned the Activision deal will “enable Microsoft to suppress competitors to its Xbox gaming consoles and its rapidly growing subscription content and cloud-gaming business.”
Weeks ahead of the FTC's decision, Microsoft discussed possible remedies with the agency's staff in an effort to address their concerns, according to a person familiar with the matter. The agency's staff rebuffed the company's overtures, said the person, who asked not to be identified because the talks were private. Then, days before the meetings with commissioners last week, the company put forth the formal offer for Call of Duty, a proposal known as a consent decree that would be legally binding.
The FTC declined to comment on the specifics of any Microsoft offers. “The bureau's longstanding policy is that we are always willing to consider remedy
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