Take-Two Interactive lawyers to appear in FTC's Microsoft-Activision merger case

Take-Two Interactive has hired Axinn lawyers to represent the publisher as a non-party in the FTC's investigation of the Microsoft-Activision merger case.

Take-Two Interactive lawyers to appear in FTC's Microsoft-Activision merger case
1 minute & 29 seconds read time

Grand Theft Auto publisher Take-Two Interactive will be a part of the FTC's merger investigation as a non-party/third-party in the relevant video games market.

Take-Two Interactive lawyers to appear in FTC's Microsoft-Activision merger case 7

Take-Two Interactive has hired three lawyers to represent the company in the Federal Trade Commission's ongoing administrative proceedings of the Microsoft-Activision merger. The merger's case file was updated with three notices of appearances for Take-Two's chosen legal counsel.

The games company has hired James Attridge, Michael Keeley, and Jason Wasserman from the Axinn, Veltrop & Harkrider law firm to represent Take-Two during the merger proceedings. Axinn had previously advised Take-Two on its $1 billion bid for Codemasters back in 2020.

Take-Two Interactive's involvement in the merger case bears clarification--the company is acting as a third-party, or non-party, in the FTC's investigation. According to the Federal Trade Commission's procedure guidelines, third-parties help facilitate a better understanding of certain markets by providing key documentation, data points, and testimony.

It is expected that the publisher will provide information to help speed along the FTC's merger case. Take-Two Interactive operates two of the most popular publishing labels in the games industry with Rockstar Games, who releases the billion-dollar Grand Theft Auto franchise, and annualized sports publisher 2K Games. The group undoubtedly has quite a bit of relevant information, metrics, and findings regarding the profitability of its games on the PlayStation and Xbox marketplaces.

Take-Two's recent acquisition of Zynga could also help the FTC understand the mobile games market.

We know that Take-Two is pro-merger and is not a complainant like Sony is. The firm's CEO Strauss Zelnick has openly and publicly supported the Microsoft-Activision merger, and has typically exhibited candor and level-headed responses to investors, analysts, and media concerning evolving trends in the video games market.

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Derek joined the TweakTown team in 2015 and has since reviewed and played 1000s of hours of new games. Derek is absorbed with the intersection of technology and gaming, and is always looking forward to new advancements. With over six years in games journalism under his belt, Derek aims to further engage the gaming sector while taking a peek under the tech that powers it. He hopes to one day explore the stars in No Man's Sky with the magic of VR.

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