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General Discussion / Complete the acquisition
« on: September 02, 2023, 11:44:22 pm »
Microsoft: We Lost the Console Wars (Now Please Let Us Acquire Activision?) Microsoft makes the argument in a US court as the company tries to prevent the Federal Trade Commission from halting its deal to buy Activision Blizzard. Michael Kan By Michael Kan June 22, 2023 To overcome an FTC lawsuit and succeed in its quest to buy Activision Blizzard, Microsoft has decided to admit defeat in the video game console wars. Microsoft made the argument in court today.
The FTC tries to stop the merger on antitrust grounds. To do so, the Commission is requesting a US judge order a preliminary injunction to halt the deal, which risks jeopardizing USA Telegram Number Data Microsoft’s bid to . In response, Microsoft filed a 77-page document that tries to argue why the deal should go through. “Xbox has lost the console wars, and its rivals are positioned to continue to dominate, including by leveraging exclusive content,” the company writes. Microsoft adds that the Xbox has consistently.
Ranked third behind Sony’s PlayStation and Nintendo’s own hardware, with only a 16% share of the market. “Sony’s lead is so significant that press reports have recently declared that ‘Sony’s PlayStation brand dominates 2021’s worldwide console market,'” the company added. This is the case, Microsoft says, because Sony and Nintendo have many first-party exclusives on their platforms. The Xbox, on the other hand, has struggled to match the same output.
The FTC tries to stop the merger on antitrust grounds. To do so, the Commission is requesting a US judge order a preliminary injunction to halt the deal, which risks jeopardizing USA Telegram Number Data Microsoft’s bid to . In response, Microsoft filed a 77-page document that tries to argue why the deal should go through. “Xbox has lost the console wars, and its rivals are positioned to continue to dominate, including by leveraging exclusive content,” the company writes. Microsoft adds that the Xbox has consistently.
Ranked third behind Sony’s PlayStation and Nintendo’s own hardware, with only a 16% share of the market. “Sony’s lead is so significant that press reports have recently declared that ‘Sony’s PlayStation brand dominates 2021’s worldwide console market,'” the company added. This is the case, Microsoft says, because Sony and Nintendo have many first-party exclusives on their platforms. The Xbox, on the other hand, has struggled to match the same output.