Microsoft’s Activision Blizzard Deal Is Being Reviewed By FTC Now
In the last few weeks, Microsoft acquired Activision Blizzard for a massive amount in the amount of $68.7 billion. We knew that this was not the last time we’d be told about this We were not wrong. In the words of Bloomberg, the Federal Trade Commission (FTC) is currently examining this entire acquisition.
The FTC is currently reviewing this acquisition
Microsoft is a huge business and there’s no doubt about that. They have been in trouble at times because Microsoft has been in conflict with the American government numerous times. In fact, the Department of Justice does not wish for any company to be the sole monopolist in any market, and that’s exactly what Microsoft appears to be doing to the gaming industry. That’s why everyone was aware that the government was planning to be involved in the acquisition.
At present, we only know it’s been confirmed that the FTC is evaluating the purchase, but hasn’t taken any action just yet. The entire issue is still to the wind, and it’s a matter of speculation whether Microsoft is able to remain with Activision Blizzard, or not. When requested to comment on the issue, Microsoft declined to comment on the matter, which is also true for the FTC. As the FTC is looking into this acquisition it could take a while before we get any kind of solution to this issue.
If the purchase is halted in any way, it may be a positive thing
If the FTC isn’t happy with the agreement, it could undo some of the work probably already been completed, but that may not be as bad. Microsoft controlling Activision Blizzard means that there are numerous properties that won’t be available through PlayStation consoles any longer. Microsoft also stated the fact that Call of Duty was only scheduled to be available on PlayStation consoles for three installments. A loss of these several franchises from Playstation consoles is an expense.
Sony appeared to have responded by purchasing Bungie the company behind Halo and Destiny. We’re not sure whether this purchase will spark some kind of conflict with the other company or it won’t. In the meantime, we’ll be waiting to notice any changes regarding this issue. As you can imagine, sifting through a $68.7 billion deal could require lots of paperwork.
Here’s an update on what’s happening
Microsoft purchased Activision Blizzard a few weeks ago, and it’s something that many people aren’t happy with. With the deal, Microsoft was able to purchase right for Call of Duty, World of Warcraft, Diablo, Starcraft, Overwatch, Candy Crush, and other games. These games won’t be available for PlayStation consoles.
I’m a communication enthusiast and junior editor-reporter at Research Snipers, I have completed a degree in Mass Communication but am very enthusiastic about new technology, games, and mobile devices. I have the main interest in Technology and games.
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