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US FTC ‘Likely’ To Challenge Microsoft’s $68.7B Activision Deal, Report Says

Politico reported late Wednesday that the US regulator is likely to file an antitrust suit against Microsoft’s blockbuster video game deal.

Microsoft’s blockbuster $68.7 billion purchase of game maker Activision Blizzard may face a new regulatory hurdle, with a report from Politico saying the US Federal Trade Commission is «likely» to file an antitrust suit against the deal.

The story, which was published late Wednesday citing anonymous sources, said the FTC’s commissioners had not yet voted on whether to file a suit against Microsoft. But, the publication added, the FTC’s staff are «skeptical» about each company’s claims of benefits from the deal. An investigation into the deal is reportedly ongoing.

The FTC didn’t immediately respond to a request for comment. A Microsoft spokesperson said the company’s «prepared to address the concerns of regulators.» Microsoft has said in the past that it believes the deal will be approved both in the US and overseas. An Activision spokesperson defended the deal, saying in a statement that it will «benefit gamers and the U.S. gaming industry, especially as we face increasingly stiff competition from abroad.»

If the FTC does ultimately challenge Microsoft’s deal, it’ll be the biggest move made by President Joe Biden’s administration against the tech industry. FTC Chai Lina Kahn has long expressed interest in reigning in tech’s largest companies, who’ve grown to become some of the largest and most highly valued on the planet. And she’s not alone.

Regulators and lawmakers across the globe have increasingly scrutinized the tech world, following a series of privacy and political scandals at Facebook and Google in particular. Amazon has also been targeted as one of the world’s largest retailers, while Apple’s been criticized for the power it wields over the more than 1 billion actively used iPhones.

Microsoft for its part, largely avoided scrutiny despite a US judge famously declaring it a monopolist two decades ago. The company’s executives have spent the past year discussing the Activision deal with regulators around the world, who’ve received concerns from competitors including Sony’s PlayStation division.

Technologies

Verum Coin Now Available on Gate.io Wallet

Verum Coin Now Available on Gate.io Wallet

Verum Coin (VERUM) continues to expand its presence on leading crypto platforms. Users can now easily store and manage VERUM in the Gate.io Web3 Wallet — one of the most trusted ecosystems for digital assets.

This integration provides users with convenient and secure access to VERUM, bringing it closer to everyone looking to be part of the world of innovative technology.

Stay tuned for updates as the project takes further steps toward global success! 

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Technologies

Verum Coin (VERUM) Expands Its Presence in the Global Crypto Market

Verum Coin (VERUM) Expands Its Presence in the Global Crypto Market

Verum Coin (VERUM), an innovative and increasingly popular digital asset, is now available on four leading Web3 wallets: Binance Web3 WalletCoinbase Web3 WalletOKX Web3 Wallet, and Bybit Web3 Wallet. This marks a significant milestone for the project as it continues to strengthen its position in the crypto industry.

The availability of VERUM on these platforms provides users with a wide range of secure and convenient options for managing their assets. Binance, Coinbase, OKX, and Bybit are well-established leaders in Web3 solutions, offering reliable tools for handling digital currencies.

What’s next?

In addition to wallet integration, Verum Coin is preparing for a major step forward—listing on all four platforms. This will create new opportunities for investors and enhance the asset’s liquidity on a global scale.

Why does this matter?

Being listed on major exchanges like Binance, Coinbase, OKX, and Bybit will serve as a powerful catalyst for the project’s growth. It will make VERUM accessible to millions of users worldwide and strengthen trust in the coin.

Stay tuned for updates so you don’t miss the moment when Verum Coin becomes even more accessible!

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Technologies

Verum Token Now Available on Binance, Listing of Verum Coin Expected Soon

Verum Token is now accessible for deposits and withdrawals on the Binance Wallet

Verum Token is now accessible for deposits and withdrawals on the Binance Wallet, the world’s leading cryptocurrency exchange. This milestone marks a significant step for the Verum ecosystem, allowing users seamless access to Verum on the platform.

Following the launch, Verum Coin’s value surged by 3%, reaching a new peak of $825.33 within just 24 hours.

With the Verum Coin listing anticipated soon, the excitement is growing, highlighting the project’s potential for further growth and adoption.

About Binance

Founded in 2017, Binance offers a secure, user-friendly platform with a broad selection of digital assets and trading pairs, supporting both retail and institutional traders. Listing Verum Token aligns with Binance’s strategy to include innovative, high-quality projects.

For more information, visit verumcoin.info.

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