US Senators Call Out 'Unacceptable' Lack Of Accountability For Bobby Kotick In Microsoft Buyout
US Senators call out lack of accountability for Bobby Kotick in Microsoft buyout.
Senators are also worried that the buyout could damage unionization efforts.
They sent a letter to the chairman.
Workers at Activision Blizzard, following years of rampant sexual misconduct and discrimination and unfair labor practices, have led calls for greater transparency and accountability in the gaming industry.
And we are deeply concerned that this acquisition could further disenfranchise these workers and prevent their voices from being heard, its written in the letter.
As this proposed deal moves forward in the review process, the Federal Trade Commission (FTC) should assess whether the ways in which these companies have failed to protect the rights and dignity of their workers are driven by monopsony power.
Or amount to anticompetitive harms in our labor market, and if so, if the merger will exacerbate these problems, they wrote.
They wrote about a recent $18 million settlement with California's EEOC.
They said they are also facing a US Securities and Exchange investigation.
The letter described QA workers as undervalued and exploited.
Microsoft presented itself as the good guy in this merger.
They said the commitment is so vague that it leaves multiple ways for Microsoft to undermine the unionization process and its outcome.
More than 1,800 employees signed a letter calling for Kotick to step down.