Microsoft plans to acquire Blizzard for $69 billion, approved globally, but opposed by Sony

Tech 2023-05-22 22:29:46 Source: Network

Recently, technology giant Microsoft's plan to acquire gaming company Activision Blizzard for $69 billion has been approved globally. However, this transaction did not quell the controversy and sparked a fierce confrontation

Recently, technology giant Microsoft's plan to acquire gaming company Activision Blizzard for $69 billion has been approved globally. However, this transaction did not quell the controversy and sparked a fierce confrontation.

According to reports, Microsoft's acquisition plan has been approved by 37 countries and regions, including 10 countries such as China, Japan, and Brazil, covering over 2 billion people. A Microsoft spokesperson stated that their goal is to enable global consumers to play more games on more devices, which is in line with their commitment to the European Commission.

However, Sony has raised strong objections to this transaction. Sony claims that Microsoft plans to monopolize Activision Blizzard's games on the Xbox and PC platforms, which will harm the competitive nature of the market. Microsoft insisted that game exclusivity would only cause losses to the company and attempted to provide Sony with the same solution, but was rejected.

At present, the UK's Competition and Market Authority (CMA) and the US Federal Trade Commission (FTC) have yet to make a final decision on the transaction. The FTC is investigating this matter, and the CMA plans to hold a hearing on August 2nd. Microsoft plans to appeal against the decision of the UK market.

The controversy surrounding this transaction has sparked global attention and speculation. People have developed a strong interest in whether future Activision Blizzard games will be restricted and the impact of market competition. At present, the competition between game giants is still ongoing, let's wait and see what the final outcome will be# Microsoft's $68.7 billion acquisition of Activision Blizzard # # Sony # # Today's Headlines Sign#

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