Microsoft
defends $69bn Activision deal
Microsoft has defended its offer to buy Activision Blizzard the maker of Call of Duty and Candy Crush- at the EU competition hearing.
Microsoft says it believes the $68.7 bn
(£56.8 bn) deal will bring further choice to more gamers.
But rival Sony, which also attended the
hail, says the merger would give Microsoft too important control over some of
the world's most popular games.
Sony owns PlayStation- a major rival to
Microsoft's Xbox console.
Microsoft chairman Brad Smith described
the EU hail on Tuesday as" an important day".
He also rejected concerns raised by
Sony that Activision Blizzard games- specifically Call of Duty- might come
defined to Xbox users if the merger goes ahead.
" This has no way been about
spending$ 69bn so we could acquire titles like Call of Duty and make them less
available," he said after the hail.
" That is not a great way to turn
a$ 69bn asset into a commodity that will become more precious over time."
In a statement, Activision Blizzard
said" We're confident controllers will find that our proposed junction
will enhance competition and produce lesser openings for workers and better
games for our players."
Chip developers Nvidia and Google were
also understood to be present, although the hail wasn't open to the press or
public.
Nvidia and Microsoft have announced cooperation which would enable both Xbox PC games and Activision Blizzard
titles to become available via Nvidia's cloud-streaming platform GeForce Now.
The tech firm has to convince
controllers around the world that the deal- the largest in gaming history-
would not harm its challengers. Today was Microsoft's final chance to put
forward its case in Europe before the commission makes its decision.
Sony rejects concession
Some countries including Chile, Brazil, and Saudi Arabia- have formally approved it.
The UK's competition watchdog lately
said it was opposed to the deal, although it has yet to advertise its final
ruling, and the European Commission ordered a disquisition.
One suggestion made by the UK
Competition and Markets Authority was that Call of Duty could be sold off
independently.
Microsoft has pledged to make all
current Activision Blizzard games available on Nintendo, Sony, and Steam
platforms for at least the coming 10 Years, but Sony has so far rejected this
deal.
Games companies preliminarily acquired
by the firm include Minecraft maker Mojang and Fallout creator Bethesda. It has
formerly announced that Bethesda's new game Starfield will start off as an Xbox
exclusive when it launches.
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