ATVI

The lawsuit sets the stage for a court challenge over the deal as Microsoft agreed as part of negotiations with the “Call of Duty” publisher to defend the acquisition against a government lawsuit. The law enforcement agency said the deal is illegal because it would give Microsoft the ability to control how consumers beyond users of its own Xbox consoles and subscription services access Activision’s games. The company could raise prices for people who don’t use Microsoft’s hardware to access the games, or even cut off…

The Federal Trade Commission Thursday sued Microsoft Corp. to block its planned $75 billion acquisition of Activision Blizzard Inc., ATVI -1.55% taking one of its biggest shots under the Biden administration at halting a merger of technology giants. The lawsuit sets the stage for a court challenge over the deal as Microsoft agreed as part of negotiations with Activision to defend the acquisition against a government lawsuit.…

Microsoft Corp. MSFT -2.03% pledged to give Nintendo Co. NTDOY 0.87% access to the popular “Call of Duty” games for a decade if its $75 billion deal to buy the game’s developer, Activision Blizzard Inc., ATVI -0.29% gets approved, the software giant’s latest move to head off possible American regulatory action to block the acquisition.…

It was a good year for organizing efforts. But there are many reasons to be skeptical. It was a good year for organizing efforts. But there are many reasons to be skeptical. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not…

SINGAPORE— Activision Blizzard Inc. ATVI 0.64% is halting most online game services in China in January, including “World of Warcraft,” “StarCraft” and “Diablo III,” as it and China’s NetEase Inc. NTES -0.38% end a 14-year licensing partnership.  Blizzard Entertainment Inc., an Activision Blizzard subsidiary, and NetEase failed to reach a deal to renew their licensing agreements, the…

The European Union’s competition watchdog said it would pursue an in-depth investigation into Microsoft Corp.’s MSFT 0.44% planned $75 billion acquisition of Activision Blizzard Inc., ATVI 1.27% adding to the global scrutiny of whether the deal could harm competition in the videogame industry. The European Commission, which opened its initial, formal probe of the deal in late…

Frances Townsend, who joined Activision Blizzard in 2021, will become a senior adviser to the company’s board and CEO. Photo: John Lamparski/Getty Images for Concordia Summit…

The U.K.’s competition regulator said it would escalate its investigation into whether Microsoft Corp.’s MSFT 0.09% planned acquisition of Activision Blizzard Inc. ATVI -0.21% could harm competition in the videogame industry, adding uncertainty to the $75 billion deal in one of the world’s largest markets for interactive entertainment.Earlier this month, the Competition and Markets Authority asked the companies to…

The Competition and Markets Authority started its investigation into the acquisition in July to determine whether it could lessen competition in the U.K. On Thursday, the regulator said it would give the companies five working days to offer commitments to address the competition concerns it flagged. If the CMA isn’t satisfied at that stage, the probe would enter a second phase involving a panel of independent reviewers, it said. Microsoft makes Xbox videogame consoles and its chief rival,…

WASHINGTON—The Biden administration’s antitrust enforcers are throwing sand in the gears of Wall Street’s deal machine.Under Chairwoman Lina Khan, the Federal Trade Commission is questioning mergers that likely would have gone unchallenged in years past—a change Ms. Khan says is needed to prevent companies from building up too much power and stifling competition. “In all too many areas of our economy, including agriculture, airlines, healthcare, we’ve seen significant consolidation and…