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Microsoft struck the deal to acquire Activision, owner of Candy Crush maker King, in order to add mobile games — an area where it has virtually no presence.
Defeating the agency’s challenge would help Microsoft complete its deal and snag the No. 3 spot in the global games market after Tencent Holdings Ltd. and Sony.
Microsoft attorney Beth Wilkinson countered the FTC’s claim that the deal would hurt competition by reading the contents of an email sent by James Ryan, who heads Sony Interactive Entertainment.
June 22, 2023
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Other Microsoft executives, including CFO Amy Hood and Phil Spencer, head of Microsoft Gaming, are expected to take the witness stand, as well as Activision’s CFO Armin Zerza.