Game Factory is Dedicated to Sharing and Spreadsing the Latest Game News, Strategies, Skills and Tips for Gamers.
—— 《 Game • Factory 》
US sues to block Xbox takeover of Call of Duty developer Activision Blizzard
US sues to block Xbox takeover of Call of Duty developer Activision Blizzard
The US Federal Trade Commission has sued to stop Microsoft buying Call of Duty developer Activision Blizzard. It is just the latest problem for the deal, which has already been blocked by UK regulators. If completed, it will become one of the largest takeovers ever – but has faced scrutiny from regulators around the world, who argue that it might cause problems for the gaming market. The FTC's Monday filing in a federal court in San Francisco seeks a restraining order and injunction to stop Microsoft's $69 billion purchase of the California gaming company behind hit franchises such as Call of Duty and World of Warcraft. Microsoft, maker of the Xbox game system, has been struggling to win worldwide approval for the deal with just over a month before the deadline to close it, according to the contract it signed with Activision. “We welcome the opportunity to present our case in federal court," said a statement Monday from Brad Smith, Microsoft's vice chair and president. "We believe accelerating the legal process in the U.S will ultimately bring more choice and competition to the market.” The FTC already took Microsoft to court to block the merger, but that was before the U.S. agency's in-house judge in a trial set to start on Aug. 2. That administrative process doesn't preclude the parties from closing the deal. The contract between Microsoft and Activision required the deal to close by July 18, but the FTC's latest action seeks to stop that from happening. “Microsoft and Activision Blizzard have represented in the past that they cannot close their deal due to antitrust reviews of the transaction in other jurisdictions," the FTC said in a statement Monday. "But Microsoft and Activision have not provided assurances that they will maintain that position. In light of that, and public reporting that Microsoft and Activision Blizzard are considering closing their deal imminently, we have filed a request for a temporary restraining order to prevent them from closing while review continues.” Microsoft's other main obstacle is in the United Kingdom, where antitrust regulators have also taken action to block the acquisition. The all-cash deal announced in January 2022 has been scrutinized by regulators around the world over fears that it would give Microsoft and its Xbox console control of Activision's hit franchises and give it an unfair boost in the emerging business of cloud-based game subscriptions. It could be the priciest tech industry merger in history. Fierce opposition has been driven by rival Sony, which makes the PlayStation gaming system. Microsoft sought to counter the resistance by striking a deal with Nintendo to license Activision titles like Call of Duty for 10 years and offering the same to Sony if the deal went ahead. European regulators representing the 27-nation bloc approved the deal last month on condition that Microsoft make some promises meant to boost competition in the cloud-based gaming market. A number of other countries, including China, Japan, Brazil and South Korea, have also approved it. But the blockbuster deal has remained in jeopardy because of the surprise April decision by the U.K.’s Competition and Markets Authority and the ongoing case in the U.S. Microsoft in late May filed an appeal of the British regulator's decision and has also voiced strong public opposition directed at top government officials. U.S.-based consumer advocacy group Public Citizen, an opponent of the deal, welcomed the FTC's move Monday. “Although the agency has already used its authority to block the merger through administrative proceedings, Microsoft is pushing to culminate the purchase of Activision before the agency can finish its process," said a statement from Public Citizen's competition policy advocate Matt Kent. ""By filing in federal court to enjoin the transaction, the FTC is showing that it won’t back down in the face of Microsoft’s escalatory tactics.” Additional reporting by Associated Press
2023-06-14 02:16
The Finals: 5 Tips for Getting Started
The Finals: 5 Tips for Getting Started
The Finals is very different from other FPS games currently available: Here's how to adapt and become a better competitor.
2023-06-14 00:23
Twitch, YouTube Influencers Are Becoming Video Game Publishers
Twitch, YouTube Influencers Are Becoming Video Game Publishers
Influencers in the video-game industry are evolving from playing games to making them. Over the weekend, One True
2023-06-13 22:52
Wemade’s MMORPG MIR M Breaks Down Barriers Between Servers With ‘Wayfarer Travel’ Update!
Wemade’s MMORPG MIR M Breaks Down Barriers Between Servers With ‘Wayfarer Travel’ Update!
SEOUL, South Korea--(BUSINESS WIRE)--Jun 13, 2023--
2023-06-13 21:28
Save 16% on this portable Nintendo Switch docking station
Save 16% on this portable Nintendo Switch docking station
TL;DR: As of June 13, the 3-in-1 Nintendo Switch Docking Station is on sale for
2023-06-13 17:51
Amouranth faces challenge from BTS' Jungkook as his sleeping stream surpasses Twitch queen's achievements
Amouranth faces challenge from BTS' Jungkook as his sleeping stream surpasses Twitch queen's achievements
Amouranth found an opponent when BTS' Jungkook unexpectedly fell asleep while streaming
2023-06-13 14:46
Amouranth trains hard for boxing debut, Twitch Queen's fans believe her form is 'really solid'
Amouranth trains hard for boxing debut, Twitch Queen's fans believe her form is 'really solid'
A fan lauded Amouranth and wrote, 'She's clearly putting in the hard work necessary to become a ring technician. Good for her!'
2023-06-13 14:24
US FTC asks court to block Microsoft acquisition of Activision
US FTC asks court to block Microsoft acquisition of Activision
By David Shepardson (Reuters) -The Federal Trade Commission asked a court to temporarily block Microsoft Corp's acquisition of Activision Blizzard
2023-06-13 12:50
Diablo 4 Sales Top $666 Million After Launch Week
Diablo 4 Sales Top $666 Million After Launch Week
Diablo 4 sales are through the roof
2023-06-13 07:24
Diablo 4 Season 1: What We Know so Far
Diablo 4 Season 1: What We Know so Far
Here's what you need to know about Season 1
2023-06-13 06:56
FTC sues to block Microsoft's takeover of video game maker Activision Blizzard
FTC sues to block Microsoft's takeover of video game maker Activision Blizzard
The Federal Trade Commission has sued to block Microsoft from completing its deal to buy video game company Activision Blizzard, the latest antitrust challenge to the proposed merger but one that could hasten its conclusion
2023-06-13 05:29
Diablo 4's Least Played Class Might Surprise You
Diablo 4's Least Played Class Might Surprise You
Which is the least played Diablo 4 class and why aren't they that bad?
2023-06-13 04:57
«125126127128»