Microsoft and Activision hit back at the FTC’s attempt to block their merger | VGC

  • 📰 VGC_News
  • ⏱ Reading Time:
  • 51 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 51%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

Microsoft and Activision have hit back at the US Federal Trade Commission’s attempt to block the companies’ planned merger

, or other titles which have yet to be announced.

“The European Commission agrees it was not misled, stating publicly the day after the Complaint that Microsoft did not make any ‘commitments’ to the European Commission, nor did the European Commission ‘rely on any statements made by Microsoft about the future distribution strategy concerning ZeniMax’s games’.

“Adding Activision’s content to multigame subscription and cloud gaming, where it would not have been available otherwise, is plainly output enhancing and gives garners more options on how and where to engage with Activision content. It continued: “The FTC’s disregard for these benefits to consumers and focus on supposed harms to Xbox’s deep-pocketed competitors betrays a fundamental disconnect between the FTC’s theories and the antitrust laws’ underlying purpose, which is to protect competition, not competitors. The FTC is asking this Court to protect the world’s largest gaming companies from further competition from Xbox, and thereby turning antitrust on its head.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

no points were made they're just crying wolf They act like they're not one of the biggest Tech companies out there right now they act like they don't have a monopoly over the software industry I can compare this accusation to if Google was buying nintendo

Sony are so desperate and pathetic for going through with this. Microsoft has a right to do this same with Sony has a right to claim a developer for exclusives bunch of Hypocrites

Now it's a merger....not an acquisition...

FTC always been trash.

Ftc brought the made up word salads and Sony emotions. Microsoft and Activision brought actual arguments with facts. Take your pick.

Hope they get it. Mainly so some positive changes can happen

Bros I'm tired of this, where can I go to mute words

Absolutely destroyed FTC’s case

They hit them back with facts from what I see in the article.

This deal isn't going through before June 2023 like MS was hoping.

I’d love for laughs that MS just buy COD if the deal falls through on the merger

Sony and the FTC

Hit them back with commen sense

In fine words Activision Blizzard calling FTC and Sony 'traitors with pocket' says very much and in my perspective, puts Sony on the fence on defending their rejection of the acquisition but trying to have Activision not retaliating on 2024 if the purchase ends banned.

Activision just want the money 🤡🤡🤡

Sweetness

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:

 /  🏆 125. in BUSİNESS

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.

US gamers have sued Microsoft in a bid to block its merger with Activision | VGC10 video game players have joined forces to sue Microsoft in a bid to stop its proposed acquisition of Activision Blizzard 8 of the 10 are Sony fanboys... Just keeps getting weirder & weirder 😂🤦 Wait this is not Hard Drive news wtf
Source: VGC_News - 🏆 125. / 51 Read more »

UK regulator says public responses to Xbox’s Activision deal were mostly supportive of the merger | VGCThe UK competition regulator has released a summary of the responses it received from members of the public on Microsoft‘s proposed acquisition of Activision Blizzard. It said around 75% were broadly in favour of the deal Am playstation fan and want this deal to go through Jim Ryan:
Source: VGC_News - 🏆 125. / 51 Read more »

Angry gamers sue Microsoft to stop Activision Blizzard acquisitionThey make the same basic argument as the FTC: The deal will concentrate too much power in the hands of one company. This is just pathetic at this point. Lol
Source: pcgamer - 🏆 38. / 67 Read more »

Video game players sue to frag Microsoft-Activision mergerRedmond accused of monopolising a market! How shocking
Source: TheRegister - 🏆 67. / 61 Read more »

500 public comments to the CMA on Microsoft-Activision deal were abusive or unintelligibleGamers were given their first opportunity to have their say on Microsoft's proposed acquisition of Activision Blizzard … Was that you c0pper78 and howster34 ? 😂 Not sure focusing on 500 of bad ones is a good thing. It's clear that 75% of the remaing were in favour of this acquisition and THAT is the big and focused news.
Source: eurogamer - 🏆 68. / 61 Read more »