The Federal Trade Commission’s request for an injunction stopping that acquisition heads toward opening arguments this week, the federal regulator cites one piece of what it calls “powerful evidence” that it can’t trust Microsoft’s assurances. In short, as the FTC puts it, “Microsoft’s actions following its 2021 acquisition of ZeniMax speak louder than Defendants’ words.”
I’m very happy that these agencies are blocking this acquisition. I had no faith they would.
There’s nothing good about the fourth largest video game publisher (third for first parties) acquiring the sixth largest (third for third parties). We need more variety, not more consolidation.
I had zero hope this would get blocked. Still not totally sure but the FTC is definitely putting up a solid fight. I’d prefer the consoles be fighting to prove they are the better hardware and software experience, not that they can buy the most studios
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I feel like most regulatory bodies in the US have a massive lack of knowledge of modern industry practices. Or are willing complicit in the anti-consumer practices
It pains me to see so many people praise the acquisition ofr Microsoft to become “competitive” again.
Bro Microsoft is a trillion+ dollar company. They can spend their own fucking money making studios. If they can’t, that’s their problem. Letting them swallow up long time multi platform studios just to make their long running multi platform games Xbox exclusive is not the answer to that problem.