Wednesday, June 14th 2023
US Judge Temporarily Blocks Microsoft's Acquisition of Activision Blizzard
The US Federal Trade Commission (FTC) filed an injunction earlier this week, in a renewed effort to temporarily block Microsoft's $69 billion bid for full ownership of the Activision Blizzard group. A judge has today granted the regulatory body's request. The court has issued a temporary restraining order—in which it states the legal measure "is necessary to maintain the status quo while the complaint is pending." The FTC proposes that the acquisition has the potential to "substantially lessen competition" within North America's gaming sector. Microsoft and Activision are required to attend a two-day hearing—scheduled for 22 June in San Francisco, California.
The FTC had previously penciled in an August 2 session with an internal administrative judge, following the expiration of Microsoft's proposed deadline (July 18) for the merger. A company spokesperson (commenting to Eurogamer) expressed that leadership was happy about the FTC's decision to bring proceedings forward in time: "Accelerating the legal process in the US will ultimately bring more choice and competition to the gaming market. A temporary restraining order makes sense until we can receive a decision from the Court, which is moving swiftly." The legal document outlines terms including the prevention of "any of their officers, directors, domestic or foreign agents, divisions, subsidiaries, affiliates, partnerships, or joint ventures from closing or consummating, directly or indirectly, the proposed transaction or a substantially similar transaction."
Sources:
BBC News, Court Document, Eurogamer
The FTC had previously penciled in an August 2 session with an internal administrative judge, following the expiration of Microsoft's proposed deadline (July 18) for the merger. A company spokesperson (commenting to Eurogamer) expressed that leadership was happy about the FTC's decision to bring proceedings forward in time: "Accelerating the legal process in the US will ultimately bring more choice and competition to the gaming market. A temporary restraining order makes sense until we can receive a decision from the Court, which is moving swiftly." The legal document outlines terms including the prevention of "any of their officers, directors, domestic or foreign agents, divisions, subsidiaries, affiliates, partnerships, or joint ventures from closing or consummating, directly or indirectly, the proposed transaction or a substantially similar transaction."
16 Comments on US Judge Temporarily Blocks Microsoft's Acquisition of Activision Blizzard
exemple look at starfield. no reason it wont launch on ps5 too since all Bethesda previous game launched on ps5
and sony is porting more and more games to PC too.
PC is life, PC is love, they wars of consoles can go either way honestly and it won't matter to me.
I liked the old one better.
I don't really care if this passes or not honestly but the exclusivity arguments are BS.
Even if Microsoft makes some of the IPs exclusives at least they will ship on day one on pc unlike Sony's business model. Pretty much, although Microsoft should have still shipped this on Playstation even if it came with like a 6-12 month exclusivity window.
Guessing if Sony would allow gamepass on their system (never happening) Sony would have gotten it.
FTC filed this in the last moment on purpose, to cause delays.
There are big interests at play here.