Microsoft–Activision merger harms the entire gaming industry, says former chair of the U.S. Federal Trade Commission

In the wake of Microsoft’s acquisition of Activision, the industry saw steep price increases and widespread layoffs, which harmed both players and developers. As we’ve observed across many sectors, greater market consolidation often goes hand in hand with rising costs. When a few firms become overwhelmingly dominant, they tend to deprioritize customers and act without sufficient regard for the fallout.