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UK’s Competition and Markets Authority posted a press release titled: “Microsoft - Activision deal could harm UK gamers”. The press release starts with: A CMA investigation has provisionally concluded that Microsoft’s proposed acquisition of Activision could result in higher prices, fewer choices, or less innovation for UK gamers. The provisional findings from the Competition and Markets Authority (CMA) follow a
Public squabbling between two of the biggest console gaming companies has intensified, Kotaku reported. According to Kotaku, on a recent podcast appearance, Microsoft Gaming CEO Phil Spencer blasted Sony for wanting to grow by “making Xbox smaller.” The accusation comes after the Federal Trade Commission decided to sue to block Microsoft’s takeover of Activision because of a pattern of making
Microsoft is to acquire a 4% stake in the London Stock Exchange Group (LSEG), the company that owns the London Stock Exchange as well as several other businesses including financial market data company Refinitive which LSEG acquired from a Blackstone/Thompson Reuters consortium last year for $27 billion, TechCrunch reported. According to TechCrunch, Microsoft’s stake, which it bought from the same
The catchy headline at the top of this blog post was the title Reuters selected for its article. It is an ominous sounding title, indicating that Microsoft will have difficulty with the Federal Trade Commission’s (FTC’s) lawsuit against the company. Reuters reported that Facebook is Microsoft’s antitrust boogeyman. The U.S. regulatory agency, the Federal Trade Commission, is seeking to block
The Federal Trade Commission on Thursday sued to block Microsoft’s $69 billion acquisition of the video game publisher Activision Blizzard, charging that the massive deal would allow the Washington tech giant to suppress its competitors in gaming, The Washington Post reported. According to The Washington Post, the lawsuit represents the FTC’s most significant effort to rein in consolidation in the
As the U.K.’s Competition and Markets Authority (CMA) investigates Microsoft’s $68.7 billion acquisition of Activision Blizzard, Microsoft recently revealed in its filings with the CMA that it plans to create a new “Xbox Mobile Platform” that will include mobile games by Activision and King, TechCrunch reported. According to TechCrunch, Microsoft also added in its filings with the CMA, “Mobile revenues
Microsoft has announced that its range of Adaptive Accessories will be available to purchase starting October 25th in select markets, The Verge reported. The Adaptive Accessories were first announced in May and are designed to address common issues that can prevent people from getting the most out of their PC, especially if they have difficulty using a traditional mouse and