Microsoft's revamped $69 billion deal for Activision gets closer to UK approval
1 year, 3 months ago

Microsoft's revamped $69 billion deal for Activision gets closer to UK approval

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy British competition regulators signaled Friday that Microsoft’s restructured $69 billion deal to buy video game maker Activision Blizzard is likely to receive antitrust approval. The Competition and Markets Authority said the revamped proposal “substantially addresses previous concerns” about stifling competition in the fast-growing cloud gaming market, which frees players from buying expensive consoles and gaming computers by streaming games to tablets, phones and other devices. “The CMA’s position has been consistent throughout — this merger could only go ahead if competition, innovation and choice in cloud gaming was preserved," CEO Sarah Cardell said. "We presented solutions that we believe fully address the CMA’s remaining concerns related to cloud game streaming, and we will continue to work toward earning approval to close prior to the October 18 deadline.” Under the restructured deal, Microsoft will sell off cloud streaming rights outside of the EU and three other European countries for all current and new Activision games released over the next 15 years to French game studio Ubisoft Entertainment.

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History of this topic

FTC opens wide-ranging antitrust probe into Microsoft
1 month, 1 week ago

FTC opens wide-ranging antitrust probe into Microsoft

CNN  

New York CNN — Microsoft is set to go under the microscope of the nation’s top antitrust watchdog, the Federal Trade Commission, which is launching a sweeping investigation into the tech giant’s practices. The FTC, in a letter sent to Microsoft, demanded that it hand over information to assist in the agency’s investigation, a source familiar with the matter told …

Nerf darts, porn and vomit: The company Microsoft bought for $69bn
2 months, 3 weeks ago

Nerf darts, porn and vomit: The company Microsoft bought for $69bn

The Independent  

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. At one point, Schreier reports that …

Microsoft lays off 1,900 employees in its gaming division following Activision Blizzard buyout
11 months, 2 weeks ago

Microsoft lays off 1,900 employees in its gaming division following Activision Blizzard buyout

The Hindu  

Microsoft is laying off about 1,900 employees in its gaming division, according to an internal company memo, just over three months since the tech giant completed its $69 billion purchase of video game maker Activision Blizzard. “As we move forward in 2024, the leadership of Microsoft Gaming and Activision Blizzard is committed to aligning on a strategy and an execution …

Microsoft lays off 1,900 employees in its gaming division following Activision Blizzard buyout
11 months, 2 weeks ago

Microsoft lays off 1,900 employees in its gaming division following Activision Blizzard buyout

LA Times  

Microsoft is laying off about 1,900 employees in its gaming division, according to an internal company memo obtained by the Associated Press on Thursday. Microsoft is laying off about 1,900 employees in its gaming division, according to an internal company memo, just over three months since the tech giant completed its $69-billion purchase of video game maker Activision Blizzard. “As …

U.S. antitrust enforcer says pressing on with fight against Microsoft/Activision deal
1 year, 2 months ago

U.S. antitrust enforcer says pressing on with fight against Microsoft/Activision deal

The Hindu  

The U.S. Federal Trade Commission said on Friday it remained focused on its appeal opposing Xbox maker Microsoft's now-closed $69 billion deal to buy Activision but would "assess" the company's agreement with Ubisoft. The companies closed their transaction on Friday after winning approval from Britain on condition that they sell the streaming rights to Activision's games to Ubisoft Entertainment to …

Microsoft’s $69 billion acquisition of Activision Blizzard marks a pivotal moment for Xbox CEO Phil Spencer
1 year, 2 months ago

Microsoft’s $69 billion acquisition of Activision Blizzard marks a pivotal moment for Xbox CEO Phil Spencer

The Hindu  

After two years co-piloting the biggest acquisition in video game history past an onslaught of challenges, Xbox CEO Phil Spencer now moves on to his next quest: making Microsoft's takeover of Activision Blizzard worth the hassle. “All he’s been doing is preparing for today where he actually gets to integrate the business.” And it marks the end of an era …

Microsoft spent two years trying to buy Activision Blizzard. For Xbox CEO, that was the easy part
1 year, 2 months ago

Microsoft spent two years trying to buy Activision Blizzard. For Xbox CEO, that was the easy part

The Independent  

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Your briefing on the latest headlines from across the US SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy After two years co-piloting …

Microsoft spent two years trying to buy Activision Blizzard. For Xbox CEO, that was the easy part
1 year, 2 months ago

Microsoft spent two years trying to buy Activision Blizzard. For Xbox CEO, that was the easy part

Associated Press  

After two years co-piloting the biggest acquisition in video game history past an onslaught of challenges, Xbox CEO Phil Spencer now moves on to his next quest: making Microsoft’s takeover of Activision Blizzard worth the hassle. When the companies announced a planned merger in January 2022, Microsoft CEO Satya Nadella made clear it would be “critical for Activision Blizzard to …

What does the Microsoft deal to buy Activision mean for gamers?
1 year, 2 months ago

What does the Microsoft deal to buy Activision mean for gamers?

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Microsoft’s multibillion-dollar deal to buy …

Biggest deal in gaming history: Microsoft buys Activision Blizzard for $69 billion
1 year, 2 months ago

Biggest deal in gaming history: Microsoft buys Activision Blizzard for $69 billion

Hindustan Times  

Xbox maker Microsoft closed its $69 billion deal for Activision Blizzard on Friday, swelling its heft in the video-gaming market with best-selling titles including "Call of Duty" to better compete with industry leader Sony. "The new deal will stop Microsoft from locking up competition in cloud gaming as this market takes off, preserving competitive prices and services for UK cloud …

The $69 billion Microsoft-Activision deal finally complete after UK regulator’s nod
1 year, 2 months ago

The $69 billion Microsoft-Activision deal finally complete after UK regulator’s nod

Live Mint  

The British Competition and Markets Authority cleared Microsoft's $69 billion acquisition of Activision Blizzard on Friday – the final regulatory hurdle before the biggest ever gaming deal. “We have now crossed the final regulatory hurdle to close this acquisition, which we believe will benefit players and the gaming industry worldwide,” Microsoft vice chair and president Brad Smith said in a …

Microsoft gets go-ahead to buy Call of Duty maker Activision
1 year, 2 months ago

Microsoft gets go-ahead to buy Call of Duty maker Activision

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Microsoft has been given approval to buy Call of Duty developer Activision, clearing …

Microsoft’s bid for Activision gets UK approval, removes last hurdle to gaming deal
1 year, 2 months ago

Microsoft’s bid for Activision gets UK approval, removes last hurdle to gaming deal

The Hindu  

Microsoft’s purchase of video game maker Activision Blizzard won final approval Friday from Britain’s competition watchdog, reversing its earlier decision to block the $69 billion deal and removing a last obstacle for one of the largest tech transactions in history. The Competition and Markets Authority's blessing was expected after it gave preliminary approval last month to a revamped Microsoft proposal …

Microsoft closes deal to buy Call of Duty maker Activision Blizzard after antitrust fights
1 year, 2 months ago

Microsoft closes deal to buy Call of Duty maker Activision Blizzard after antitrust fights

Associated Press  

Microsoft completed its purchase of video game-maker Activision Blizzard for $69 billion on Friday, closing one of the most expensive tech acquisitions in history that could have repercussions across the video game industry. He shared a video celebrating the merger, featuring scenes from games to the tune of “Oh, What A Beautiful Mornin’” from the Broadway musical “Oklahoma!” The blessing …

Microsoft acquires Activision Blizzard in $69-billion gaming deal
1 year, 2 months ago

Microsoft acquires Activision Blizzard in $69-billion gaming deal

LA Times  

Microsoft announced plans to buy Activision Blizzard for $68.7 billion in 2022 and closed the deal Friday. Microsoft acquired gaming giant Activision Blizzard on Friday, closing the biggest deal in video game history after more than a year of close scrutiny from antitrust officials around the world. Microsoft President Brad Smith said in a statement the combination “will benefit players …

Microsoft’s revamped $69 billion deal for Activision is on the cusp of going through
1 year, 3 months ago

Microsoft’s revamped $69 billion deal for Activision is on the cusp of going through

Associated Press  

LONDON — British competition regulators gave preliminary approval Friday to Microsoft’s restructured $69 billion deal to buy video game maker Activision Blizzard, easing a final global hurdle that paves the way for one of the largest tech transactions in history to go through. The Competition and Markets Authority said the revamped proposal “substantially addresses previous concerns” about stifling competition in …

Competition watchdog gives provisional approval for Microsoft to buy Activision
1 year, 3 months ago

Competition watchdog gives provisional approval for Microsoft to buy Activision

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. But by selling the cloud gaming rights for titles …

U.K. regulator signals approval for Microsoft to buy Activision Blizzard
1 year, 3 months ago

U.K. regulator signals approval for Microsoft to buy Activision Blizzard

LA Times  

Microsoft is seeking to acquire Activision Blizzard for $68.7 billion to gain access to blockbuster games including “Call of Duty” and “Candy Crush.” Microsoft’s restructured acquisition of Santa Monica video game giant Activision Blizzard “opens the door” to the deal being cleared, U.K. regulators said Friday, removing a major hurdle for closing what would be the gaming industry’s largest merger. …

Microsoft to stop packaging Teams and Office software in Europe to head off EU antitrust action
1 year, 4 months ago

Microsoft to stop packaging Teams and Office software in Europe to head off EU antitrust action

Associated Press  

LONDON — Microsoft will stop packaging its Teams videoconferencing app with its Office software in Europe in an effort to head off antitrust penalties by regulators. “Today we are announcing proactive changes that we hope will start to address these concerns in a meaningful way, even while the European Commission’s investigation continues and we cooperate with it,” Microsoft’s vice president …

Microsoft edits Activision Blizzard deal for the UK; Big Tech giants in Europe brace for Digital Services Act; FTC will probe Qualcomm’s chipmaker acquisition - The Hindu
1 year, 4 months ago

Microsoft edits Activision Blizzard deal for the UK; Big Tech giants in Europe brace for Digital Services Act; FTC will probe Qualcomm’s chipmaker acquisition - The Hindu

The Hindu  

Microsoft edits Activision Blizzard deal for the UK Microsoft is amending its Activision Blizzard takeover deal to get the UK antitrust regulator’s seal of approval. Microsoft President Brad Smith said that a deal had been struck with Ubisoft to sell cloud streaming rights for Activision games for more than a decade. Big Tech giants in Europe brace for Digital Services …

Microsoft revamps deal for video game maker Activision Blizzard to meet UK demands
1 year, 4 months ago

Microsoft revamps deal for video game maker Activision Blizzard to meet UK demands

The Hindu  

Microsoft revamped its bid to buy video game maker Activision Blizzard on Tuesday to appease British competition regulators, who are the last major hurdle to closing one of the biggest deals in tech history. Xbox maker Microsoft has been on a quest to acquire Activision, maker of the popular Call of Duty game franchise since announcing the $69 billion deal …

Microsoft budges on video game streaming rights in push for UK to approve Activision Blizzard deal
1 year, 4 months ago

Microsoft budges on video game streaming rights in push for UK to approve Activision Blizzard deal

Associated Press  

LONDON — British competition regulators opened a new investigation Tuesday into Microsoft’s revamped bid to buy video game maker Activision Blizzard, representing the last major hurdle to closing one of the biggest deals in tech history. Under the restructured deal, Microsoft will sell cloud streaming rights outside of the European Economic Area for all current and new Activision games released …

Britain hands Microsoft’s Activision deal an extra life
1 year, 5 months ago

Britain hands Microsoft’s Activision deal an extra life

Hindustan Times  

Merging companies have long seen Britain’s Competition and Markets Authority as something of an end-of-level boss. For two years running the CMA has blocked more deals than any other regulator, scotching ones like Meta’s acquisition of Giphy, a blameless meme-generator. This year it has been busy again, in April blocking Microsoft’s $69bn acquisition of Activision Blizzard, a video-game maker, which …

Microsoft-Activision deal back in hands of UK regulator after court pauses appeal
1 year, 5 months ago

Microsoft-Activision deal back in hands of UK regulator after court pauses appeal

The Hindu  

Microsoft's Activision Blizzard deal is back in the hands of Britain's antitrust regulator after an appeals court granted an adjournment, and the grounds for why the UK should reconsider its block on the U.S. software giant's takeover were published. The Competition and Markets Authority set out on Friday Microsoft's arguments for the reconsideration, as the U.S. battles to win UK …

Microsoft and Activision extend deadline to close $69 billion deal under close regulatory scrutiny
1 year, 5 months ago

Microsoft and Activision extend deadline to close $69 billion deal under close regulatory scrutiny

Associated Press  

The deadline for Microsoft’s $69 billion acquisition of video game company Activision Blizzard has been extended as the companies seek to close a deal that has been challenged by regulators in the U.S., as well as by the U.K.'s Competition and Markets Authority. The Competition and Markets Authority initially rejected the deal, but later pushed back its final decision so …

UK’s competition watchdog provisionally clears £53bn computer tech tie-up
1 year, 5 months ago

UK’s competition watchdog provisionally clears £53bn computer tech tie-up

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The UK’s competition watchdog has …

Microsoft and UK regulators want more time to work on $69 billion Activision deal
1 year, 5 months ago

Microsoft and UK regulators want more time to work on $69 billion Activision deal

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Microsoft and British regulators sought …

Microsoft and UK regulators win more time to resolve blocked $69 billion Activision deal
1 year, 5 months ago

Microsoft and UK regulators win more time to resolve blocked $69 billion Activision deal

Associated Press  

LONDON — Microsoft and British regulators won more time from a court Monday as the U.S. tech company uses a rare second chance to overcome opposition to its $69 billion bid for video game maker Activision Blizzard. The regulator later pushed back its final decision so it can consider Microsoft’s argument that new developments mean its blockbuster purchase of the …

Microsoft moves closer to completing $69 billion Activision takeover after court rebuffs regulators
1 year, 5 months ago

Microsoft moves closer to completing $69 billion Activision takeover after court rebuffs regulators

The Hindu  

A U.S. appeals court on Friday rejected a bid by federal regulators to block Microsoft from closing its $68.7 billion deal to buy video game maker Activision Blizzard, paving the way for the completion of the biggest acquisition in tech history after a legal battle over whether it will undermine competition. U.S. District Judge Jacqueline Scott Corley's earlier ruling, published …

Microsoft moves closer to completing $69 billion Activision takeover after court rebuffs regulators
1 year, 5 months ago

Microsoft moves closer to completing $69 billion Activision takeover after court rebuffs regulators

The Independent  

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Your briefing on the latest headlines from across the US SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy A U.S. appeals court …

Microsoft moves closer to completing $69 billion Activision takeover after court rebuffs regulators
1 year, 5 months ago

Microsoft moves closer to completing $69 billion Activision takeover after court rebuffs regulators

Associated Press  

A U.S. appeals court on Friday rejected a bid by federal regulators to block Microsoft from closing its $68.7 billion deal to buy video game maker Activision Blizzard, paving the way for the completion of the biggest acquisition in tech history after a legal battle over whether it will undermine competition. U.S. District Judge Jacqueline Scott Corley’s earlier ruling, published …

Microsoft gets more time from UK to plead case to buy video game maker Activision
1 year, 5 months ago

Microsoft gets more time from UK to plead case to buy video game maker Activision

Associated Press  

LONDON — British antitrust regulators on Friday extended their deadline to issue a final order blocking Microsoft’s $69 billion plan to buy video game maker Activision Blizzard, allowing them to consider the U.S. tech giant’s “detailed and complex submission” pleading its case. The Competition and Markets Authority had rejected the deal — the biggest in tech history — over fears …

U.S. FTC asks court to temporarily halt Microsoft's acquisition of Activision
1 year, 5 months ago

U.S. FTC asks court to temporarily halt Microsoft's acquisition of Activision

The Hindu  

The U.S. Federal Trade Commission asked a federal court on Thursday for a stay that would prevent Microsoft from closing its $69 billion purchase of "Call of Duty" maker Activision Blizzard. Any outstanding regulatory hurdle makes it more likely the agreement between Microsoft and Activision will expire on July 18 without the deal having been completed. In its motion for …

FTC appeals judge’s ruling that would allow Microsoft’s Activision Blizzard takeover
1 year, 5 months ago

FTC appeals judge’s ruling that would allow Microsoft’s Activision Blizzard takeover

Associated Press  

The Federal Trade Commission says it is appealing a judge’s ruling that would have allowed Microsoft to close its deal to buy video game company Activision Blizzard. Antitrust enforcers at the FTC have been trying to stop Microsoft’s $68.7 billion takeover of Activision Blizzard, maker of popular game franchises like Call of Duty, arguing it will harm competition in the …

Microsoft faces fresh US appeal after court allows takeover of video game maker
1 year, 5 months ago

Microsoft faces fresh US appeal after court allows takeover of video game maker

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The US’s consumer protection watchdog …

FTC to appeal judge's decision to let Microsoft buy Activision
1 year, 5 months ago

FTC to appeal judge's decision to let Microsoft buy Activision

The Hindu  

The U.S. Federal Trade Commission said on Wednesday it was appealing a federal judge's ruling that Microsoft could go forward with its $69 billion purchase of "Call of Duty" maker Activision Blizzard. Microsoft's victory in court on Tuesday, and a subsequent climbdown by Britain's competition authority, brought the tech giant two steps closer to finalising its tie-up with Activision, Microsoft's …

Microsoft can move ahead with record $69 billion acquisition of Activision Blizzard, judge rules
1 year, 5 months ago

Microsoft can move ahead with record $69 billion acquisition of Activision Blizzard, judge rules

The Hindu  

A federal judge has handed Microsoft a major victory by declining to block its looming $69 billion takeover of video game company Activision Blizzard. The Federal Trade Commission, which enforces antitrust laws, “has not raised serious questions regarding whether the proposed merger is likely to substantially lessen competition” between video game consoles or in the growing markets for monthly game …

UK watchdog halts legal battle with Microsoft over £55bn Activision takeover
1 year, 5 months ago

UK watchdog halts legal battle with Microsoft over £55bn Activision takeover

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The UK’s competitions watchdog has …

Microsoft can move ahead with record $69 billion acquisition of Activision Blizzard, judge rules
1 year, 5 months ago

Microsoft can move ahead with record $69 billion acquisition of Activision Blizzard, judge rules

Associated Press  

A federal judge has handed Microsoft a major victory by declining to block its looming $69 billion takeover of video game company Activision Blizzard. The proceeding showcased testimony by Microsoft Chief Executive Officer Satya Nadella and longtime Activision Blizzard CEO Bobby Kotick, who both pledged to keep Activision’s blockbuster game Call of Duty available to people who play it on …

Microsoft wins U.S. court nod to buy Activision in loss for FTC
1 year, 5 months ago

Microsoft wins U.S. court nod to buy Activision in loss for FTC

LA Times  

Microsoft Corp. changed the course of its $69-billion bid for Activision Blizzard Inc. in minutes Tuesday, winning an unprecedented reconsideration from a British regulator that had blocked the largest gaming deal ever, less than an hour after securing a green light from a U.S. judge. The CMA announcement came after Judge Jacqueline Scott Corley in San Francisco ruled that the …

Fate of record tech industry tie-up heads to judge as Microsoft defends $69B Activision deal
1 year, 6 months ago

Fate of record tech industry tie-up heads to judge as Microsoft defends $69B Activision deal

Associated Press  

SAN FRANCISCO — The fate of what could be the priciest merger in tech industry history is now in the hands of a federal judge who must decide whether to stop Microsoft from closing its deal to buy video game company Activision Blizzard. “We’re concerned about the competition for this one shooter video game.” Microsoft has largely had the upper …

Microsoft acquiring Activision will be good for gaming and everyone, Satya Nadella tells US court
1 year, 6 months ago

Microsoft acquiring Activision will be good for gaming and everyone, Satya Nadella tells US court

Firstpost  

Microsoft’s Satya Nadella testified before a US court over FCC’s opposition of the Microsoft-Activision acquisition. Microsoft and Activision maintain that the acquisition will be a major win for gamers, and won’t hamper other console makers like Sony During his testimony on Wednesday in a San Francisco federal court, Microsoft CEO Satya Nadella expressed his belief that the proposed acquisition of …

US Judge asks Microsoft CEO if he plays Activision mobile game Candy Crush? Satya Nadella says…
1 year, 6 months ago

US Judge asks Microsoft CEO if he plays Activision mobile game Candy Crush? Satya Nadella says…

Hindustan Times  

Microsoft CEO Satya Nadella told a judge Wednesday that his company's proposed $69 billion takeover of video game-maker Activision Blizzard will be good for the gaming industry, remarks that came as he defended the deal against an attempt by federal regulators to block it. U.S. District Judge Jacqueline Scott Corley interjected to ask if Nadella plays Activision's best-known mobile game, …

Microsoft CEO Nadella tells a judge his planned Activision takeover is good for gaming
1 year, 6 months ago

Microsoft CEO Nadella tells a judge his planned Activision takeover is good for gaming

The Hindu  

Microsoft CEO Satya Nadella told a judge Wednesday that his company's proposed $69 billion takeover of video game-maker Activision Blizzard will be good for the gaming industry, remarks that came as he defended the deal against an attempt by federal regulators to block it. Activision CEO Bobby Kotick also testified Wednesday, asserting that there’s no business incentive to deprive Microsoft …

Microsoft attempts to pick apart U.S. legal argument against deal to buy Activision
1 year, 6 months ago

Microsoft attempts to pick apart U.S. legal argument against deal to buy Activision

The Hindu  

Arguing for the government on Tuesday in its legal fight against Microsoft's $69 billion deal to buy game maker Activision Blizzard, Harvard economist Robin Lee struggled at times to plainly demonstrate how the planned deal would hurt gamers. Lee was pressed by an attorney for Microsoft over the details of his analyses of potential market share gains for the Redmond, …

Microsoft CEO Nadella tells a judge his planned Activision takeover is good for gaming
1 year, 6 months ago

Microsoft CEO Nadella tells a judge his planned Activision takeover is good for gaming

Associated Press  

SAN FRANCISCO — Microsoft CEO Satya Nadella told a judge Wednesday that his company’s proposed $69 billion takeover of video game-maker Activision Blizzard will be good for the gaming industry, remarks that came as he defended the deal against an attempt by federal regulators to block it. Activision CEO Bobby Kotick also testified Wednesday, asserting that there’s no business incentive …

Microsoft’s acquisition of Activision Blizzard faces FTC opposition in to stop competition
1 year, 6 months ago

Microsoft’s acquisition of Activision Blizzard faces FTC opposition in to stop competition

Live Mint  

The Federal Trade Commission has requested a temporary halt to Microsoft's acquisition of videogame company Activision Blizzard, as argued in federal court on Thursday. According to the FTC, if the merger proceeds, it would grant Microsoft's Xbox videogame console sole access to Activision games, disadvantaging Nintendo consoles and Sony Group Corp's PlayStation. "I think you will see that every piece …

FTC to argue Microsoft's deal to buy Activision should be paused
1 year, 6 months ago

FTC to argue Microsoft's deal to buy Activision should be paused

The Hindu  

The U.S. Federal Trade Commission on Thursday will argue in federal court for a preliminary injunction to temporarily block Microsoft's acquisition of videogame maker Activision Blizzard, stopping the deal from closing before the government's case against the deal is heard. In a scheduled five-day hearing before a federal judge in San Francisco, the antitrust enforcer will argue it needs Microsoft …

Microsoft, regulators tangle in court over fate of $69 billion deal that could reshape video gaming
1 year, 6 months ago

Microsoft, regulators tangle in court over fate of $69 billion deal that could reshape video gaming

Associated Press  

SAN FRANCISCO — Federal regulators on Thursday launched a legal attack on Microsoft’s proposed $69 billion takeover of video game maker Activision Blizzard by depicting it as an anticompetitive weapon while Microsoft hailed the deal as a way to make popular games such as Call of Duty more widely available at cheaper prices. “Having differentiated content is critical to selling …

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