In the News

22 House Republicans: Kelly Armstrong, Jim Jordan, James Comer, Brian Fitzpatrick, Larry Bucshon M.D., Earl L “Buddy” Carter, Ben Cline, Lisa McClain, Jeff Duncan, Kevin Hern, Carol D. Miller, Richard Hudson, Wesley Hunt, John Curtis, Nathaniel Moran, August Pfluger, Byron Donalds, Pete Stauber, John Joyce, David G. Valadao, Diana Harshbarger, and Troy Balderson have come together and signed a letter calling on the FTC to drop its fight against Microsoft’s acquisition of Activision Blizzard. They believe that the FTC “has sharply veered from established antitrust policy, toward an anti-consumer, anti-innovation, and anti-American policy that jeopardizes the health of our economy and threatens to increase costs to consumers.”

According to these 22 Republicans, the final push that drove this letter into fruition was the FTC’s push to stop the Xbox Activision Blizzard merger. “The latest, and most egregious, example of the FTC’s rejection of sound antitrust policy was the decision to seek a preliminary injunction against a procompetitive transaction, Microsoft’s proposed acquisition of Activision. As Judge Jacqueline Corley of the Northern District of California found, the FTC failed to demonstrate a likelihood that the transaction “…will  substantially lessen competition in the video game library subscription and cloud gaming markets” and indeed, the “… evidence points to more consumer access to … Activision content.’ We write to express our concerns, and to urge you to drop this matter and refocus the FTC’s resources on work that supports the interests of American consumers.”

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