Microsoft completed its purchase of video game-maker Activision Blizzard for $69 billion on Friday, closing one of the most expensive tech acquisitions in history.
KELVIN CHAN and MATT O'BRIEN AP Business Writers and KIRO 7 News StaffFILE - An image from Activision's Call of Duty is shown on a smartphone near a photograph of the Microsoft logo in this photo taken in New York, June 15, 2023. Microsoft’s purchase of video game maker Activision Blizzard won final approval Friday, Oct.
It still faces opposition from the U.S. Federal Trade Commission, which has argued that Microsoft could use the consolidation of a major game publisher to create “walled gardens” around its Xbox Game Pass subscription service and the emerging business of streaming games on demand. But after losing a court fight to pause the merger, FTC antitrust enforcers must now undertake a difficult battle to try to unwind it.
He shared a video celebrating the merger, featuring scenes from games to the tune of “Oh, What A Beautiful Mornin’” from the Broadway musical “Oklahoma!”gave preliminary approval after agreeing to allow users and cloud gaming platforms to stream its titles without paying royalties for 10 years.. Sony also feared it would limit PlayStation gamers’ access to Call of Duty, Activision’s long-running military shooter series. to pause the deal so that its in-house judge could review it. The FTC hasn’t given up, appealing the decision and last month filing notice of its plan to resume that trial.
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Microsoft closes deal to buy Call of Duty maker Activision Blizzard after antitrust fightsMicrosoft has completed its acquisition of video game maker Activision Blizzard for $69 billion, closing one of the most expensive tech acquisitions in history.
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Microsoft closes deal to buy Call of Duty maker Activision Blizzard after antitrust fightsMicrosoft has completed its acquisition of video game-maker Activision Blizzard for $69 billion, closing one of the most expensive tech acquisitions in history.
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Microsoft closes deal to buy Call of Duty maker Activision Blizzard after antitrust fightsMicrosoft, which is based in Redmond, Washington, said it followed IRS rules and will appeal the decision within the agency.
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Microsoft closes deal to buy Call of Duty maker Activision Blizzard after antitrust fightsMicrosoft, which is based in Redmond, Washington, said it followed IRS rules and will appeal the decision within the agency.
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Microsoft closes $69 billion deal to buy Call of Duty maker Activision Blizzard after antitrust fightsThe nearly 22 months it took to close the deal reflected concerns from rivals and government regulators that Microsoft could use its growing collection of games to lessen competition.
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Microsoft closes deal to buy Call of Duty maker Activision Blizzard after antitrust fightsMicrosoft has completed its purchase of video game maker Activision Blizzard for $69 billion, closing one of the most expensive tech acquisitions in history that could have repercussions across the video game industry.
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