Microsoft Activision deal

Britain's regulator said it no longer believed that Microsoft's $69-billion purchase of "Call of Duty" maker Activision Blizzard would harm competition in relation to the supply of gaming consoles, but its other concerns remain. Britain's regulator said it no longer believed that Microsoft's $69-billion purchase of "Call of Duty" maker Activision Blizzard would harm competition in relation to the supply of gaming consoles, but its other concerns remain. FOLLOW US ON GOOGLE NEWS Read original article here…

Microsoft Corp has offered remedies in an attempt to gain EU antitrust approval for its $69 billion acquisition of Activision, a European Commission filing showed on Friday.The EU competition enforcer, which did not provide details in line with its policy, will now seek feedback from rivals and customers before making its decision by May 22.Microsoft President Brad Smith has said the U.S. software company was prepared to offer rivals licensing deals to ease competition concerns but not to selling Activision's lucrative…

In the past two decades video gaming has gone from a nerdy hobby to a blockbuster industry, with revenues over five times bigger than the cinema box…

Microsoft has thrown the gauntlet down over antitrust criticisms, saying on Tuesday it is ready to offer rivals licensing deals in exchange for regulatory approval of its $69 billion deal to purchase video game publisher Activision, but it would not to sell the latter's lucrative "Call of Duty" franchise. WHAT IS THE ACTIVISION DEAL? Microsoft announced the Activision bid in January last year, its biggest ever, to boost its firepower in the booming videogaming market and take on leaders Tencent and Sony, and lay…

Microsoft Corp. announced an agreement to bring its games to Nvidia Corp.'s GeForce Now service, part of efforts to show that the industry will remain competitive if it's allowed to acquire Activision Blizzard Inc. in a $69 billion deal. Microsoft President Brad Smith disclosed the Nvidia accord after meeting with European Union officials in Brussels on Tuesday. The partnership “resolves Nvidia's concerns” about the merger, the companies said in a joint statement. “Nvidia therefore is offering its full support for…

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The US Federal Trade Commission filed its lawsuit to block Microsoft Corp.’s $69 billion takeover of gaming company Activision Blizzard Inc. in December. The US Federal Trade Commission filed its lawsuit to block Microsoft Corp.'s $69 billion takeover of gaming company Activision Blizzard Inc. in December partly to get ahead of its European counterparts and dissuade them from accepting a settlement allowing the deal, according to people familiar with the investigations. The FTC filed a complaint challenging the…

Microsoft Corp said on Thursday its $69 billion bid to buy "Call of Duty" maker Activision Blizzard would benefit gamers and gaming companies alike. Microsoft made the argument in a filing aimed at convincing a judge at the U.S. Federal Trade Commission to allow the deal to proceed, after FTC commissioners said the merger would hamper competition in the gaming industry in a complaint this month aimed at blocking the deal. In a complaint on Dec. 8, the FTC said its concern was that Activision's popular games, including…