Microsoft Apologizes To The FTC For Calling It Unconstitutional
Image Source: Logopedia
For the last month, the FTC/Microsoft lawsuit has been making quite the buzz. The grounds for the suit presented by the FTC alleged that should Microsoft merge with Activision Blizzard, the parent company would be able to corner the market, giving them an unfair edge against the competition. In response, Microsoft filed an aggressive claim, alleging that the FTC itself was unconstitutional. Recently, they’ve rescinded that claim.
Microsoft filed a new response that removed the harsh, aggressive language of the first. In an exclusive with Microsoft’s public affairs spokesperson David Cuddy and the news site Axios, they “initially put all potential arguments on the table internally and should have dropped these defenses before [they] filed.”
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Spokesperson Cuddy also acknowledged the role of the FTC, stating, “The FTC has an important mission to protect competition and consumers, and we quickly updated our response to omit language suggesting otherwise based on the constitution.” It’s reported that Activision has amended its aggressive response as well. The current response still maintains that the merger won’t create an unfair market.
Image Source: FTC
The FTC, which stands for the Federal Trade Commission, looks after consumers and the market, ensuring things are protected and the markets stay competitive. The initial response from Microsoft targeted their structure and in-house court, claiming it to be unconstitutional, violating several facets of constitutional law. Rescinding this portion of their response creates a less hostile environment for the case.
Settling a case takes quite a long while, usually years. This one will likely span over a lot of 2023, though the exact amount of time has yet to be seen. A trial is set for August, though the offer for acquisition between Microsoft and Activision would expire at this point.
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