That’s according to Dealreporter (via Seeking Alpha), which claims the US regulator’s inquiry is still at the staff level, but that it’s expected to progress through the Bureau of Competition and onto the commissioners over the coming weeks.
The publication’s sources claim FTC staff have significant concerns about the $68.7 billion merger, and that the regulator has been engaging with a number of competitors opposed to the transaction, including Sony and Google.
It also said the FTC would review the deal’s potential impact on workers who have accused Activision of harassment and discrimination, as well its potential impact on the competitive metaverse.
The acquisition is currently being scrutinised by regulators around the world amid antitrust concerns during a time of increasing consolidation in the gaming industry.
The UK competition regulator announced on Tuesday that it has set a deadline of March 1, 2023 to publish the findings of its inquiry into the deal.
Notably, the Competition and Markets Authority (CMA) is worried about the impact the deal could have on PlayStation’s ability to compete, given that the deal would see Microsoft gain ownership of the Call of Duty series.
Microsoft officially filed its case for its proposed acquisition of Activision Blizzard with the European Commission last Friday.