Remember the big news back in January that Microsoft was acquiring Activision Blizzard? Well, the FTC aren’t happy about it and are trying to block it.
In a statement the FTC said “The Federal Trade Commission is seeking to block technology giant Microsoft Corp. from acquiring leading video game developer Activision Blizzard, Inc. and its blockbuster gaming franchises such as Call of Duty, alleging that the $69 billion deal, Microsoft’s largest ever and the largest ever in the video gaming industry, would enable Microsoft to suppress competitors to its Xbox gaming consoles and its rapidly growing subscription content and cloud-gaming business.”.
The whole deal has been alarming in some ways, because of the constant increasing amount of developers and publishers being swallowed up by bigger companies. This consolidation of power is never a good thing for consumers as a whole. It’s not just a Microsoft problem, it’s an industry problem. Take Embracer for example, they own or control around 850 franchises and 132 development studios.
What do you think about this news? Let us know in the comments.