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submitted 1 year ago by daniyyel@lemm.ee to c/xbox@lemmy.world

Microsoft is restructuring its proposed Activision Blizzard deal to transfer cloud gaming rights for current and new Activision Blizzard games to Ubisoft. The transfer of rights is designed to appease regulators in the UK that are concerned about the impact Microsoft’s proposed $68.7 billion deal will have on cloud gaming competition. The restructured deal has triggered a new regulatory investigation in the UK that could last until October 18th.

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[-] RightHandOfIkaros@lemmy.world 4 points 1 year ago

“This is not a green light. We will carefully and objectively assess the details of the restructured deal and its impact on competition, including in light of third-party comments,” says Sarah Cardell, chief executive of the CMA. “Our goal has not changed – any future decision on this new deal will ensure that the growing cloud gaming market continues to benefit from open and effective competition driving innovation and choice.”

This just sounds like an organization who is totally unimportant and disregarded thinking they are important and trying to lord it over the whole world.

Its like a baseball team gloating over their first score in a game, after losing the last 300 games. At this point its gone beyond being a joke.

[-] senoro@lemmy.ml 3 points 1 year ago

What? The CMA is trying to prevent Microsoft from using their huge amounts of cash to create a gaming monopoly. A good thing for the consumer. The FTC also wants to block this deal from going through.

this post was submitted on 22 Aug 2023
23 points (92.6% liked)

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