As Microsoft lays off thousands and jacks up Game Pass prices, former FTC chair says I told you so: The Activision-Blizzard buyout is 'harming both gamers and developers'

Former FTC chair Lina Khan criticized Microsoft's post-acquisition actions following its 2023 Activision Blizzard purchase, pointing to massive layoffs (over 11,000 employees), studio closures, game cancellations, and multiple Game Pass price increases as evidence the merger harmed both gamers and developers. Khan's comments vindicate the FTC's original concerns that the acquisition would reduce competition and lead to worse outcomes for consumers, despite Microsoft's promises that the deal would benefit the industry.