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Doubts on the rise about success of Microsoft's Activision Blizzard deal
Microsoft Corp.’s best chance to win approval for its $69-billion (R1.18-trillion) Activision Blizzard Inc. deal from US regulators is to persuade the Biden administration to accept a settlement in which the Xbox maker pledges it won’t withhold its popular titles from rivals.
That’s a very long shot given Biden’s antitrust enforcers aren’t fond of such agreements — especially after this month’s Ticketmaster blowup put the spotlight back on a failed 2010 Justice Department settlement with Live Nation Entertainment Inc.
[Bloomberg]
Microsoft Corp.’s best chance to win approval for its $69-billion (R1.18-trillion) Activision Blizzard Inc. deal from US regulators is to persuade the Biden administration to accept a settlement in which the Xbox maker pledges it won’t withhold its popular titles from rivals.
That’s a very long shot given Biden’s antitrust enforcers aren’t fond of such agreements — especially after this month’s Ticketmaster blowup put the spotlight back on a failed 2010 Justice Department settlement with Live Nation Entertainment Inc.
[Bloomberg]