Legal Battle: Microsoft Defends $69B Acquisition of Activision Blizzard Against FTC

2023-06-27 03:55:05

Microsoft and its Xbox gaming arm are defending their $69 billion acquisition of Activision Blizzard against the US Federal Trade Commission (FTC) in federal court. The legal battle between Microsoft and the FTC began in December 2022, when the agency announced plans to ban the company. Game developer contract. Who owns famous titles like Call of Duty, Diablo and Candy Crush? And last week, the Federal Trade Commission asked a California federal court to issue a temporary restraining order to temporarily block the Microsoft-Activision Blizzard deal. With the trial underway, the FTC is seeking a preliminary injunction against Microsoft and the Activision Blizzard contract. If the order is executed, the company cannot purchase the Call of Duty maker. Microsoft has made the test documents public. According to IGN, beta documents shared by the company claim that the next generation of Xbox console from Microsoft and Sony PlayStation 6 will be released in 2028. These consoles will hit the market eight years after the release of the Xbox Series X, S and PlayStation. 5. Why is the next-gen console release date important to the song? In a previous document released in November 2022, Sony claimed that it doesn’t expect to launch the next generation PlayStation until at least 2027. The fear from the Japanese gaming company was that it would lose access to the Call of Duty franchise by 2027. Sony noted that Microsoft’s latest filings contradict Sony’s claims. In the published documents, Microsoft discussed its 10-year commitment to publish Call of Duty games on PlayStation platforms if the deal goes through: 2028) will exceed. ) thus, it will be issued. “Call of Duty on the following PlayStation consoles if released within the term of the agreement, and the agreement also ensures that Call of Duty games will be offered on PlayStation on par with Xbox.”
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