"This is more evidence of the administration's and the antitrust agencies' war against big tech," said Andre Barlow of the law firm Doyle, Barlow and Mazard PLLC. Both the Trump and Biden administrations have prioritized big tech in antitrust enforcement.
Shares in Activision closed down 1.5% at $74.76, while Microsoft slipped from earlier highs but closed about 1% higher at $247.40.A person walks past a Microsoft store in the Manhattan borough of New York City, New York, U.S., January 20, 2022.
While Microsoft has suggested concessions to address competition concerns, the rapid pace of change in the tech and gaming industries could make those conditions useless over time. To woo regulators, shortly after the deal was announced Microsoft unveiled a new set of principles forThis month, in another move to blunt criticism, Microsoft entered into a 10-year commitment to offer "Call of Duty," the popular
Source: Gaming Daily Report (gamingdailyreport.net)
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:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
U.S. Regulator Sues Microsoft to Block Activision AcquisitionThe Federal Trade Commission seeks to stop the tech giant from ‘harming competition’ in the gaming market Checkmate. These monopolies need to be stopped. They only benefit the shareholders, and give too much power to owners. They also hamper competition. These monopolies do not benefit the average customer.
Source: WSJ - 🏆 98. / 63 Read more »
The FTC is suing Microsoft to block its Activision Blizzard purchaseIt’s a big challenge to Microsoft’s planned acquisition. Not a surprise. ZhugeEX Nice Common L from Sony
Source: verge - 🏆 94. / 67 Read more »
FTC sues to block Microsoft-Activision Blizzard $69B mergerThe Federal Trade Commission said Thursday it is suing to block Microsoft’s planned $69 billion takeover of video game company Activision Blizzard, saying it could suppress competitors to its Xbox game consoles and its growing games subscription business. My trans sons use to play call of duty before they transitioned but won't play it anymore because they refuse to be inclusive towards trans people now. So Sony can make games exclusive but Microsoft can’t? If the takeover doesn't work the first time, just unplug it and plug it back in. Usually does the trick.
Source: AP - 🏆 728. / 51 Read more »
FTC sues to block Microsoft-Activision Blizzard $69B mergerThe Federal Trade Commission said Thursday it is suing to block Microsoft’s planned $69 billion takeover of video game company Activision Blizzard, saying it could suppress competitors to its Xbox game consoles and its growing games subscription business.
Source: KPRC2 - 🏆 80. / 68 Read more »
FTC sues to block Microsoft-Activision Blizzard mergerNEW: The FTC is suing to block Microsoft's $69 billion acquisition of video game developer Activision Blizzard. nice
Source: axios - 🏆 302. / 63 Read more »
FTC Sues to Block $69B Microsoft, Activision MergerThe commission alleged the the proposed deal will enable the tech giant to suppress competitors to Xbox and its game streaming service. haciendomovidas
Source: THR - 🏆 411. / 53 Read more »