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Microsoft Defends $69bn Activision Deal in California Gazette

Revised: 02/24/2023 9:55 a.m.

  • Feb. 24, 2023, 6 a.m.
  • |
  • Public

microsoft deal activision

At an EU competition hearing, Microsoft defended its plan to buy Activision Blizzard, which makes games like Call of Duty and Candy Crush.

Microsoft thinks the $68.7 billion (£56.8 billion) deal will give gamers more options.

But Sony, a competitor that was also at the hearing, says that the merger would give Microsoft too much power over some of the most popular games in the world.

Sony owns PlayStation, a major competitor to Microsoft’s Xbox.

The EU hearing on Tuesday was called “an important day” by Brad Smith, the president of Microsoft.

He also dismissed Sony’s worries that Activision Blizzard games, like Call of Duty, might only be available on Xbox if the merger goes through.

Activision Blizzard in a statement said that it was sure regulators would agree that the proposed merger would make the market more competitive, give workers more job opportunities, and make games better for players…Read More

Source: California Gazettte


Last updated February 24, 2023


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