March 29, 2024

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Breakout: America Blocks Activision Blizzard’s Xbox Takeover

Breakout: America Blocks Activision Blizzard’s Xbox Takeover

The Federal Trade Commission (FTC – US Federal Trade Commission) announced that he would seek to prevent it Microsoft who bought it Activision Blizzard. The case will now go to court.

More specifically, through an official statementThe FTC says that XboxHe will have control of the best franchises” And therefore “It would hurt competition in consoles and subscription servicesยป.

In addition, the FTC notes that Microsoft’s acquisition of Activision could turn the gaming industry upside down, as it would limit competitors’ access to Activision Blizzard’s titles.

From the fight against PlayStation, to the positions of regulatory authorities and the many statements of Microsoft executives, the highly acclaimed acquisition of Activision Blizzard for $69 billion is one of the topics that has the gaming industry running the most in 2022.

For the record, Microsoft has announced plans to acquire Activision Blizzard in January 2022 for approximately $69 billion. Since then, this acquisition has gone through forty waves.

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