The US FTC (Federal Trade Commission) has filed a new complaint to the US Court of Appeals for the Ninth Circuit against Microsoft following the recent Game Pass price hike, alleging that this is exactly the type of post-merger behavior they wanted to prevent by blocking the acquisition. Here’s an excerpt from the complaint filed by FTC counsel Imad Abyad: Product degradation—removing the most valuable games from Microsoft’s new service—combined with price increases for existing users, is exactly the sort of consumer harm from the merger the FTC has alleged. Microsoft’s price increases and product degradation—combined with Microsoft’s reduced investments […]
Read full article at https://wccftech.com/ftc-files-complaint-against-microsoft-following-game-pass-price-hike/