The Federal Trade Commission faced Microsoft in a San Francisco courtroom on Thursday to explain why the company's $69 billion takeover of Activision Blizzard should be blocked.
Simpler Trading VP of Options Danielle Shay tells ‘Making Money with Charles Payne’ that Microsoft has a strong impact on the S&P and the NASDAQ and argues that it can ‘carry stocks higher.’
The combination would give Microsoft's Xbox video game console exclusive access to Activision games, leaving Nintendo consoles and Sony Group Corp's PlayStation out in the cold, according to the FTC.such as Call of Duty, World of Warcraft and Candy Crush. Microsoft has said the deal would benefit gamers and gaming companies, and has offered to sign a legally binding consent decree with the FTC to provide"Call of Duty" games to rivals for a decade.are slated to appear Friday, including Microsoft Gaming CEO Phil Spencer, senior Microsoft finance director Jamie Lawver and former director of product management for Google's now shuttered Stadia cloud gaming service Dov Zimring.
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