Microsoft and Activision have indicated that they may abandon their proposed $68.7 billion merger if federal courts grant FTC a preliminary injunction.
Microsoft and Activision have indicated that they may abandon their proposed $68.7 billion merger if federal courts grant FTC a preliminary injunction.
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I’m not in favour of this merger, but I don’t understand how the FTC let Disney buy Fox and yet they have a problem with this.
Wasn’t the Disney stuff under Trump’s administration?
It seems Biden (from an outside perspective, as I am not from the US) is at least trying to reign in companies a bit, so this block isn’t that surprising.
The EU decision surprised me more, but I can understand their arguments.
As a gamer, this could be great in the short term, with Activision-Blizzard getting good leadership and hopefully new games from franchises which are not CoD or Diablo.
Medium/Long term, it could be awful, with Microsoft getting more and more market share and then turning around and fucking us in the ass really hard after they lock us in their ecosystem
The only good outcome of the merger IMO is hopefully getting rid of Bobby Kotick. The fine devs across the company deserve better leadership and a safer working environment than they’ve had over the years under his frat boy reign.
But do I think Microsoft will eternally play fair with the acquisition? Not by a long shot.
But I was looking foward to Activison-Blizzard-King-Microsoft! Darn it! /s
Good. I do not think this merger would have benefitted consumers long term.