Microsoft has defended its $68 billion bid to acquire Activision Blizzard, claiming the studio isn’t making “must-have” games.
and response (opens in new tab) To the New Zealand Trade Commission (Thank you, RPS (opens in new tab)), Microsoft basically brushed aside anti-competitive concerns by saying that Activision Blizzard has no killer apps that could keep it from competing with the company’s rivals.
“Specifically, with regard to Activision Blizzard’s video games, video games developed and published by Activision Blizzard are ‘must-haves’ for competing PC and console video game distributors and could raise foreclosure concerns. Nothing sexual. ” Read Microsoft’s response.
Microsoft’s Acquisition of Activision Blizzard We face scrutiny from numerous competition regulators in several countries. The U.S. Federal Trade Commission (FTC) continues to review the details of the transaction and the potential labor implications it may have. Britain’s competition watchdog launched its own investigation last month.
on the other hand, Activision Blizzard Lawsuit Unauthorized access from the California Department of Fair Employment and Housing (DFEH) is ongoing, but there have been no new developments for months. Back in April, The lawyer in charge of the lawsuit against the company resignedalleging that California Governor Gavin Newsom interfered in the proceedings.
Here it is What Microsoft’s Latest Acquisition Means for Activision Blizzard and Xbox Game Studios.