Read Microsoft’s response to the FTC’s Activision Blizzard lawsuit

The Federal Trade Commission filed a lawsuit against Microsoft to block the company's acquisition of the video game publisher. Microsoft defends its acquisition of ZeniMax while admitting that it is planning to make three future titles exclusive to the XBOX in a document that can be read in full below.

The Elder Scrolls VI will only be available on Microsoft's platforms, and Starfield will be exclusive.

Microsoft addressed the FTC's specific arguments and pushed back against the FTC's concerns. There is a lot of trademark self-denigration that Microsoft has become famous for, as it tries to paint itself as a weak player in the gaming space compared to its competitors.

Charts: Microsoft

The FTC argued that Microsoft would be able to suppress competitors to its Xbox gaming consoles and its rapidly growing subscription content and cloud- gaming business. There has been a lot of concern about the future of Call of Duty, to the point where Phil Spencer, the head of Microsoft, publicly promised that the franchise will be available on the PS4. Microsoft stated in its response to the FTC that it would bring the series to the Nintendo Switch.

Bobby Kotick said in a statement that he was in favor of the deal going through.

There is no sensible, legitimate reason for our transaction to be prevented from closing. Our industry has enormous competition and few barriers to entry. We have seen more devices than ever before enabling players a wide range of choices to play games. Engines and tools are freely available to developers large and small. The breadth of distribution options for games has never been more widespread. We believe we will prevail on the merits of the case.

Brad Smith made a direct statement.

Even with confidence in our case, we remain committed to creative solutions with regulators that will protect competition, consumers, and workers in the tech sector. As we’ve learned from our lawsuits in the past, the door never closes on the opportunity to find an agreement that can benefit everyone.

Here is the rest of Microsoft's argument about why there shouldn't be antitrust concerns with its purchase of the company.

Brad Smith's statement was added at 10:00PM.