Bet: Will the Activision Deal close? - It has closed

[nnodley]

act threatened both MS and Sony to go exclusive to the other platform if they didn't agree to lower platform fees.

Ahh so it's Xbox dopes just cherry picking to make Sony seem bad

I saw someone on Era arguing that limiting access (he used a legal term for it that I forgot) that Sony is doing is why M&A exists, so what MS is doing is better.

Despite the fact that limiting access is why MS bought Zenimax.
No, but I've seen quite a few people arguing that Sony having a marketing deal is just as bad. Because of reasons...

I just can't even fathom how anyone can believe that's stuff.

I've seen quite a few people trying to be level headed telling people that it's the same marketing deals Xbox had in previous gens with CoD. But they don't want to see that that's the same as Sony is doing now

[Legend]

Sony really needs to up their pr and marketing game. You'd think Microsoft had a big lead in the west with how most internet discussions go.

[the-pi-guy]

Deal was extended.  

Microsoft and Activision Blizzard have extended the merger agreement deadline to 10/18. We're optimistic about getting this done, and excited about bringing more games to more players everywhere.

— Phil Spencer (@XboxP3) July 19, 2023

Together with @Activision, we are announcing the extension of our merger agreement to 10/18 to provide ample time to work through the final regulatory issues. We will honor all commitments agreed upon with the EC and other regulators and continue to work with the CMA on the…

— Brad Smith (@BradSmi) July 19, 2023

Update on Activision Blizzard’s merger with Microsoft: agreement deadline extended

The recent decision in the U.S. and approvals in 40 countries all validate that the deal is good for competition, players, and the future of gaming.

Given global regulatory approvals and the…

— Lulu Cheng Meservey (@lulumeservey) July 19, 2023

[kitler53]

not surprising but i was hoping MS tuck-turned and bailed.

[the-pi-guy]

not surprising but i was hoping MS tuck-turned and bailed.

They've already made it through 19 months and like 40 approvals. Wouldn't make sense for them to bail out.

[SWORDF1SH]

What's the point of have independent regulators if companies like MS can buy their way out? It's companies like MS that need to be regulated. They already hold too much power.

[Legend]

What's the point of have independent regulators if companies like MS can buy their way out? It's companies like MS that need to be regulated. They already hold too much power.

Games aren't that important. It's probably right for most governments to let companies buy who they want today and break them up in 10 years if they become a monopoly.


The outcome is one I'm fine with, but I fully agree that the process of getting there has been pretty poor. Everyone just looks so stupid here.

[SWORDF1SH]

Games aren't that important. It's probably right for most governments to let companies buy who they want today and break them up in 10 years if they become a monopoly.


The outcome is one I'm fine with, but I fully agree that the process of getting there has been pretty poor. Everyone just looks so stupid here.

They can break up the studios?

[the-pi-guy]

They can break up the studios?

In the 19th and 20th century, there were monopolies in the railroad and oil industries, that were extremely deliberate in buying out and preventing competition.

The US government broke up Standard Oil, and that became Exxon, Amoco, Chevron, and dozens of other companies.

The US government has had the ability to break up companies since the late 1800's.  

[Legend]

They can break up the studios?

Yeah it's incredibly rare but the government can break up monopolies by force. Happened in the 80s with the phone companies.

[SWORDF1SH]

In the 19th and 20th century, there were monopolies in the railroad and oil industries, that were extremely deliberate in buying out and preventing competition.

The US government broke up Standard Oil, and that became Exxon, Amoco, Chevron, and dozens of other companies.

The US government has had the ability to break up companies since the late 1800's.  

Yeah it's incredibly rare but the government can break up monopolies by force. Happened in the 80s with the phone companies.

Interesting!

[the-pi-guy]

CMA chief executive Sarah Cardell says the UK regulator is still waiting on Microsoft's final proposal for a restructured Activision Blizzard deal. "The ball is very much in their court at the moment." Full interview with @SkyNews here: https://t.co/uKfBjNDzmG pic.twitter.com/pg7XIXsmtF

— Tom Warren (@tomwarren) July 20, 2023

[the-pi-guy]

the FTC has withdrawn its administrative case seeking to block Microsoft's Activision Blizzard acquisition that was due to start on August 2nd. This is purely procedural as Microsoft has forced it, and the FTC could file the case again pic.twitter.com/jlDTMR0RGG

— Tom Warren (@tomwarren) July 20, 2023

[nnodley]

Oh lord now Xbox Twitter dopes want MS to buy parts of or all of Disney since there's supposedly a rumor bob iger wants to sell stuff off.

So Disney an almost monopoly of entertainment being bought by a company that's seems to want a gaming monopoly.  I can't facepalm enough without how stupid people are

[the-pi-guy]

Microsoft’s CMA appeal has been officially paused in the UK. We won’t get to see Microsoft’s proposals for the restructuring of the Activision deal as they’re “substantially confidential in nature,” but the Competition Appeal Tribunal is happy to suspend the appeal pic.twitter.com/ZDrBmGCoKL

— Tom Warren (@tomwarren) July 21, 2023