Microsoft’s Acquisition of Activision Blizzard: Court Ruling on Market Monopoly Next Week

2023-07-04 12:15:58
After many questions and answers in the court recently, Microsoft and the US Federal Trade Commission have put forward their own opinions on whether the acquisition of Activision Blizzard involves market monopoly, and the court will make a ruling as soon as next week. The U.S. court will rule as soon as next week whether Microsoft’s acquisition of Activision Blizzard involves a monopoly. Prior to this, the U.S. Federal Trade Commission determined that Microsoft’s acquisition of Activision Blizzard would constitute a monopoly in the game market, so it requested to block the transaction. Microsoft, on the other hand, promised to continue to provide game content to competing platforms such as Sony and Nintendo in the next 10 years, emphasizing that the acquisition of Activision Blizzard is actually beneficial to the development of the overall game market. When the two parties made many defenses in the court, Microsoft CEO Satya Nadella emphasized that he was quite willing to get rid of the exclusive situation of game content on the Xbox platform, but the approach of competitor Sony made Microsoft have to compete with it in the game market in an exclusive form. At present, regulatory agencies in countries and regions including China, South Korea, and Japan have unconditionally approved Microsoft’s acquisition of Activision Blizzard. Even the EU regulatory agencies that had objections to this transaction at the beginning also agreed to Microsoft’s transaction.More Mashdigi.com reports: Apple may launch new AirPods Pro this fall, with USB-C, increased ear temperature, and hearing measurement functions Bluetooth SIG documents reveal that Samsung is preparing to launch the Galaxy SmarTag2 positioning device series of games once brought Sony $800 million in revenue in the U.S. market
1688475603
#U.S #court #rules #week #Microsofts #acquisition #Activision #Blizzard #involves #monopoly

Leave a Replay