Microsoft President Brad Smith said on Tuesday the company had offered to agree to a legally-binding consent decree with the US Federal Trade Commission to provide Call of Duty games to rivals including Sony and others for a decade.
The development comes as Microsoft is seeking approval for its US$69-billion takeover bid for video game publisher Activision Blizzard. The deal has drawn criticism from Sony, maker of the Playstation console, citing Xbox maker Microsoft's control of games such as the Call of Duty series.In a move to blunt criticism, Microsoft this month entered into a 10-year commitment to bring Call of Duty to Nintendo platforms. The company made the same offer to Sony.
Earlier this month, the Biden administration moved to block Microsoft's bid to buy Activision, throwing a stumbling block in front of the tech giant's plans to rapidly expand its portfolio of popular games and catch up to bigger rivals. The deal is also facing scrutiny outside the United States. The European Union in November opened a full-scale investigation, while the EU competition watchdog said it would decide by Mar 23, 2023, whether to clear or block the deal.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Microsoft seeks to settle EU antitrust concerns over Teams: ReportBRUSSELS: Microsoft is seeking to address European Union antitrust concerns about its business practices prompted by a complaint from Salesforce.com's workspace messaging app Slack, people familiar with the matter said. Microsoft found itself in the European Commission's crosshairs again last year after Sl
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Microsoft seeks to settle EU antitrust concerns over Teams: ReportBRUSSELS: Microsoft is seeking to address European Union antitrust concerns about its business practices prompted by a complaint from Salesforce.com's workspace messaging app Slack, people familiar with the matter said. Microsoft found itself in the European Commission's crosshairs again last year after Sl
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Microsoft to buy about 4% stake in LSEG as part of 10-year commercial dealMicrosoft will buy about 4 per cent equity stake in London Stock Exchange Group as part of a 10-year commercial deal to migrate the bourse operator's data platform into the cloud, the British company said on Monday (Dec 12). Microsoft will buy LSEG shares from the Blackstone/Thomson Reuters Consortium, the Is it an antitrust issue?
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Microsoft to buy about 4% stake in LSEG as part of 10-year commercial dealMicrosoft will buy about 4 per cent equity stake in London Stock Exchange Group as part of a 10-year commercial deal to migrate the bourse operator's data platform into the cloud, the British company said on Monday. Microsoft will buy LSEG shares from the Blackstone/Thomson Reuters Consortium, the bourse o A man of Contagious Influence. Chart of Global control by Melinda and Gates Foundation.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »