- cross-posted to:
- gaming@lemmy.zip
- cross-posted to:
- gaming@lemmy.zip
The Court said it “finds the FTC has not shown a likelihood it will prevail on its claim this particular vertical merger in this specific industry may substantially lessen competition”.
When is the last time ftc denied a merger?
I cant find any
Penguin Random House tried to acquire Simon and Schuster in 2022 and was successfully blocked by the Justice department
Is anyone actually surprised.
Give it 10 years, COD is gone from PS4
Not that I really love COD, but monopolies are bad.
Phil Spencer said he had no intention of removing CoD from PS5. He never mentioned what will happen when the PS6 comes out.
That’s not true, they explicitly stated they were referring to Playstation as a whole and not specifically the PS5. You can look up the source.
The FTC and the judge aren’t going to be “gotcha ya” by word games. This was a trail under oath not some nebulous PR statement.
crap
Were you hoping for the acquisition to be denied? I’m curious to hear if/why people think this going through will be bad.
When was the last time such an acquisition led to something positive for gamers?
I am all for timed exclusives if that means Microsoft or Sony help funding the game that wouldn’t have the budget otherwise. However I am against acquisitions, be it from Microsoft or from Sony.
Monopoly.
Based on what? 4 games? Acti/Blizzard aren’t the publishing powerhouse they once were. They have Warcraft, Diablo, CoD and Hearthstone. Yes, there is also King, but all that is f2p mobile jank.
You are misinformed. List of IPs owned by Activision Blizzard: https://onemoregame.ph/activision-blizzard-ips-studios-microsoft/
I eagerly await the next Police Quest and Zork sequels.
Apparently King is the money-printing machine that this deal was primarily about, all the Activision/Blizzard games are just a bonus
I don’t doubt this to be true, but all the attempts to block the deal have centered around Call of Duty.
That’s only because of Sony. They’re the only ones that kept bringing up CoD - accusing, without evidence, that MS is going to make it exclusive to Xbox.
Phil Spencer / Microsoft only ever talked about CoD in response to Sony’s allegations - and that was to say they have no intention of taking CoD from PS and to offer long term deals as assurance.
And furthermore, to confirm that because they’re a distant #3 in the market, cutting off Activision’s biggest game from the current market leader would be a great way to cut off a big chunk of their new acquisition’s revenue.
Activision Blizzard boss Bobby Kotick also issued a statement: "Our merger will benefit consumers and workers. It will enable competition rather than allow entrenched market leaders to continue to dominate our rapidly growing industry.”
He says, attempting a merger with an “entrenched market leader.”
This is awful for consumers.
While I agree with the sentiment, not sure if Microsoft is a market leader in gaming?
Among Sony and Nintendo, Microsoft is bringing up the rear in console sales, but they own 20+ game studios, including Bethesda. What is that if not a market leader in gaming?
I’m not a market wiz but I think owning a bunch has nothing to do with being a market leader. Selling a bunch and being the best selling is what puts you on top.