According to Microsoft Deal with Activision: US
Only a short time after Microsoft has announced to buy Activision Blizzard , the American consumer Center Federal Trade Commission (FTC) and the United States Ministry of Justice (DOJ) have jointly initiated a review of antitrust merger guidelines.
You want to examine mergers and acquisitions that violate antitrust law and anti-competitive or monopolistic agreements. In a common live stream, the FTC chairman La Khan today stated that Today’s FTC and the DOJ Together to initiate a review of the merger guidelines to improve the ability of the antitrust authorities to assess unlawful mergers and enforce the regulations.
Do Microsoft and Co. have too big monopoly?
How much FTC and DOJ knew from the recently public Deal of Microsoft is unclear. The procedure of the two authorities does not necessarily have to deal directly with the recently initiated deal of Microsoft. Speaker of FTC and DOJ did not want to comment on it.
It is clear but that the timing could not be better. Consumers are increasingly seeing how big companies like Sony, Microsoft and Co. buy companies and build a monopoly in their industry.
Recommended editorial ingredient This item can be found external content from [platform]. To protect your personal data, external connections are displayed only if you confirm this by clicking on Loading all external content : All external content Laden I agree that external content is displayed. This transmits personal data to third-platforms. Read more about our privacy policy.
External content more in our privacy policy.
Recent signs indicate that many industries throughout the economy are more focused and less competitive , which joins the selection and economic benefits for consumers, workers, entrepreneurs and small businesses, says FTC on Twitter. These problems are likely to persist or even exacerbate due to the ongoing fusion shaft, which has more than doubled the fusion declarations from 2020 to 2021.
Activision-CEO Bobby Kick briefly received in an interview with VentureBeat in this type of bureaucracy and confirmed the question of the impact of the deal that Microsoft of course holds the reins in the hand.
Microsoft is aware of the situation
Phil Spencer, Xbox boss and CEO of Microsoft Gaming, stressed that this deal is not intended to deduct the community of PlayStation, the direct competitor of Xbox in the console range . Microsoft has expressed itself similar after the purchase of Bethesda. Since then, many of the upcoming games are bound to the Xbox, so it is possible, that there will be all kinds of Activision games that appear exclusively for the Xbox console .
It is still unclear whether Microsoft Deal with Activision Blizzard is hampered by the existing antitrust regulations, not to mention the guidelines that may be updated. The completion of the business is currently planned until the end of the financial year 2023 , which ends on 30 June 2023.
How do you see the risk of monopolies in the gaming and entertainment area? We are looking forward to your opinion in the comments.