Gaming Acquisition |OT| Tencent acquires Lucid Games

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Started by the-pi-guy, Oct 01, 2022, 06:54 PM

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the-pi-guy

Microsoft says it offered Sony 10-year deal to keep Call of Duty on PlayStation

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Microsoft has told the New York Times it offered Sony a 10-year deal to keep the series on PlayStation earlier this month.

In total, 16 regulatory bodies around the world have launched investigations into Microsoft's proposed acquisition of Activision Blizzard to assess its likely impact on competition. So far, only Brazil and Saudi Arabia have approved the deal, with a number of territories, including the European Commission and the UK's Competition and Markets Authority, having announced more in-depth reviews of the matter.
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Speaking to the New York Times, Microsoft accused Sony of misleading regulators, saying the company had "overstated the importance of Call of Duty to its viability." In response, Jim Ryan told the publication this was "not true", adding Microsoft was "a tech giant with a long history of dominating industries" and that "it is highly likely that the choices gamers have today will disappear if this deal goes ahead."