The Fifa president criticises the Liverpool and Uruguay forward for sinking his teeth into Giorgio Chiellini's shoulder but refuses to comment on his four-month suspension
The governing body handed Suarez a nine-match international ban and a four-month suspension from all football-related activity after the incident in Tuesday's World Cup Group D match.
Blatter is unwilling to comment on the punishment but says that Suarez's actions were unacceptable.
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"Now to discuss the decision that has been taken by a panel of seven judges; it's not up to me to make a comment on that. Obviously they have taken into consideration the other incidents of this player who has already been banned in football or suspended in football for the same activity.
"I cannot say whether it is too much or too little. This is an independent decision from Fifa."
Blatter, who recently announced that he would like to run for another term as Fifa head, is otherwise delighted with how the tournament is progressing, with most teams playing attacking football.
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"What has changed from the former World Cups is that, in the first matches in the first round, everybody wanted to win, not to not lose. The football was exceptional right up to the last matches, the third matches.
"In the third matches there are tactics to maintain a result but still it was very exciting and results [were] only decided in the last minutes of matches."