FTC says it will appeal to block Microsoft-Activision deal
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FTC says it will appeal to block Microsoft-Activision deal
https://www.cnbc.com/2023/07/12/ftc-says-it-will-appeal-to-block-microsoft-activision-deal.html
https://www.cnbc.com/2023/07/12/ftc-says-it-will-appeal-to-block-microsoft-activision-deal.html
Buying Activision Blizzard means they are still third in the console space. Just not so far behind the others.
You are also misqjoting out of context. One executive suggested it was a path to spend now in order to gain footbold later. They would still need to spend a lot more to get there.