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US Federal Trade Commission Files A New Lawsuit To Block Microsoft-ABK Deal 38451j

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The US Federal Trade Commission has filed another lawsuit against Microsoft in an attempt to block its still-uncompleted merger with Activision Blizzard. The lawsuit also comes with a motion for a temporary restraining order and an injunction to prevent both companies from sealing the deal while the commission continues to look into it over antitrust concerns. “Both a temporary restraining [...]

Activision Blizzard Fined By PEGI Over Non-Disclosure Of Lootboxes In Diablo Immortal 5gd4f

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Activision-Blizzard has been fined by the EU’s PEGI (Pan-European Game Information) content rating for not disclosing the inclusion of paid random items, commonly known as lootboxes, in Diablo Immortal during the rating license submission process. The fine imposed amounts to a mere €5000, which raises concerns about its effectiveness in deterring such practices by large companies like Activision-Blizzard in [...]

Microsoft - Activision Blizzard Merger Gets Unconditional Approval In China 2b4l1r

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China’s State istration for Market Regulation has given its unconditional approval for Microsoft’s acquisition of Activision-Blizzard, demolishing another roadblock in the lengthy process. Microsoft announced the good news over the weekend, adding another major market to the list of countries that have given the deal the green light. The European Commission had conditionally approved the merger just the previous week, [...]

The European Union Is Reportedly Giving The Microsoft-ABK Merger The Green Light u642m

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Microsoft and Activision-Blizzard have been in talks for months about a multi-billion-dollar acquisition, but their plans were halted when the UK’s Competition and Markets Authority slammed the brakes on the deal in the region. Many speculated that the EU might follow suit, but Reuters’ sources say that won’t be the case, and the merger could be approved as early as [...]

Microsoft Boss Says Blocking Of Activision-Blizzard Merger Is Its ‘Darkest Day’ In The UK 3x2q3f

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In a surprising move, Microsoft's plans to acquire Activision-Blizzard have been blocked by the UK's Competition and Markets Authority. After this setback, Microsoft released a statement that was equal parts vague and melodramatic, hinting at a reconsideration of their position in the UK and lamenting the state of innovation in the country. “This decision, I have to say, is probably [...]

Microsoft’s $69 Billion Merger With Activision Blizzard Has Been Blocked In The UK t6k50

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After walking back on its earlier findings, the UK Competition and Markets Authority (CMA) once again does a full 180 as it formally rules against Microsoft and Activision Blizzard’s high-profile merger. According to the CMA, the merger, valued at almost $70 billion USD, could “alter the future of the fast-growing cloud gaming market, leading to reduced innovation and less choice [...]

Gamer Group Re-Files Antitrust Lawsuit Against Microsoft With More ‘Factual Detail’ 1r32u

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Last year, a group of gamers filed a lawsuit against Microsoft in hopes of blocking its impending $69 billion merger with Activision Blizzard over antitrust and monopoly concerns. US District Judge Jacqueline Corley, the judge presiding over the case, dismissed the lawsuit last month due to insufficient details on exactly how the merger will be detrimental to competition in the [...]

UK’s CMA Backtracks On Its Earlier Findings On The Microsoft Activision Blizzard Merger 2n5j4g

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Microsoft has apparently succeeded in convincing the UK’s Competition and Markets Authority (CMA) to their hotly-debated merger with Activision Blizzard. The CMA was initially concerned about the possibility that the merger might stifle competition in the video game market and said as much when it released the results of its investigation. The regulatory body has now backtracked on its [...]

Gamer Group’s Antitrust Lawsuit To Block Microsoft-ABK Merger Has Been Dismissed 6j736

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Back in December, a group of gamers filed an antitrust lawsuit against Microsoft to block it’s acquisition of Activision Blizzard, alleging that the merger violated the Clayton Antitrust Act of 1914. The said lawsuit has summarily been dismissed by US District Judge Jacqueline Corley due to insufficient details on exactly how the merger will stifle competition. “Plaintiffs’ general allegation that [...]

Sony’s CMA Complaint Outlines Ways That Microsoft Could Screw Them Over 6y1g8

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It’s no secret that Sony has been completely against Microsoft’s acquisitions of Activision Blizzard since the merger was first announced last year, and with good reason. The $69 billion deal between the two video game industry giants has sparked concerns over possibly antitrust violations and monopoly and is also being contested by several regulatory bodies including the U.S. Federal Trade [...]