Following months of rumors, the agency voted 3-1 to launch a lawsuit blocking the deal, which the agency says would stifle competition in gaming.
on the FTC’s decision and expressed confidence in the acquisition which he believes would, “expand competition and create more opportunities for gamers and game developers.”
“We have been committed since Day One to addressing competition concerns, including by offering earlier this week proposed concessions to the FTC,” Smith said on Twitter. “While we believe in giving peace a chance, we have complete confidence in our case and welcome the opportunity to present it in court.
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