Sony shares shaky as US judge green lights Microsoft acquisition of Call of Duty maker

📆 12/07/2023 20:30:00
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PlayStation maker opposes the $69 billion deal, arguing that it would give Microsoft excessive market power

Shares at Sony fell by as much as 2.7 per cent on Wednesday in Tokyo after a US federal judge ruled in favour of Microsoft’s $69 billion takeover of video game firm Activision Blizzard.

The Tokyo-based PlayStation maker has rigorously opposed the deal, arguing that it would give Microsoft excessive market power by letting it control the lucrative Call of Duty franchise.

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Sony shares shaky as US judge green lights Microsoft acquisition of Call of Duty makerPlayStation maker opposes the $69 billion deal, arguing that it would give Microsoft excessive market power
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