The Federal Trade Commission reportedly plans to sue Microsoft to stop our proposed acquisition of Activision Blizzard . That would be a huge mistake. It would hurt competition, consumers and thousands of game developers.
Microsoft faces huge challenges in the gaming industry. Our Xbox remains in third place in console gaming, stuck behind Sony ’s dominant PlayStation and the Nintendo Switch. We have no meaningful presence in the mobile game industry. That segment of gaming generates the most revenue and is the fastest-growing, but a significant portion of the revenue goes to Google and Apple through their app-store fees.
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