PlayStation CEO Jim Ryan Holds Meeting with EU Antitrust Chief to Discuss Microsoft’s Acquisition of Activision

PlayStation CEO Jim Ryan Holds Meeting with EU Antitrust Chief to Discuss Microsoft’s Acquisition of Activision

Sony’s gaming chief, Jim Ryan, held a meeting with Margrethe Vestager, the EU antitrust chief, to discuss Microsoft’s monumental $69 billion bid for Activision Blizzard, the creators of Call of Duty. This meeting took place amidst the European Commission’s preparations to issue a warning to Microsoft regarding the potential anti-competitive consequences of this acquisition, which …

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Workforce Allegations Resolved: Activision Blizzard to Pay $35 Million Settlement

Workforce Allegations Resolved: Activision Blizzard to Pay  Million Settlement

Activision Blizzard, the renowned video game maker, has agreed to settle allegations over its mishandling of workplace complaints and violations of whistleblower protection rules by paying a hefty sum of $35 million (approximately Rs. 290 crore), as stated by US financial regulators on Friday. According to the Securities and Exchange Commission (SEC), Activision Blizzard was …

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Activision Blizzard and Microsoft Extend $69 Billion Deal Deadline until October 18

Activision Blizzard and Microsoft Extend  Billion Deal Deadline until October 18

Activision Blizzard announced on Wednesday that the deadline for the completion of its $69 billion (roughly Rs. 5,66,200 crore) acquisition by Microsoft has been extended to October 18. This extension is necessary as the two companies are working together to obtain approval from the United Kingdom’s antitrust authority. In addition to the deadline extension, Activision …

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New Deadline Set: Activision Blizzard and Microsoft Extend $69 Billion Deal to October 18

Activision Blizzard and Microsoft Extend  Billion Deal Deadline until October 18

Activision Blizzard announced on Wednesday that it has extended the deadline for Microsoft’s $69 billion takeover until October 18. This extension comes as both companies work towards obtaining approval from the United Kingdom’s antitrust authority. In addition to the deadline extension, the “Call of Duty” publisher has agreed to increase the deal termination fee from …

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Microsoft Requests Two-Month Suspension of Appeal Over Activision Deal from London Court

Microsoft Requests Two-Month Suspension of Appeal Over Activision Deal from London Court

Microsoft has requested a London tribunal to temporarily halt its appeal against the Competition and Markets Authority’s (CMA) rejection of its $69 billion takeover bid for Activision Blizzard. The aim is to allow both parties more time to resolve the dispute without intervention from the tribunal. The CMA, in April, became the first major regulator …

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Microsoft Requests Two-Month Suspension of Appeal Over Activision Deal in London Court

Microsoft Requests Two-Month Suspension of Appeal Over Activision Deal from London Court

Microsoft has requested a pause in its appeal against the UK’s block on its $69 billion takeover of Activision Blizzard. The company is asking for more time to resolve the dispute. The Competition and Markets Authority (CMA) blocked the acquisition in April, citing concerns about competition in cloud gaming. The US Federal Trade Commission (FTC) …

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FTC to Challenge Court Decision Approving Microsoft’s $69 Billion Acquisition of Activision, Producer of Call of Duty

Activision Blizzard and Microsoft Extend  Billion Deal Deadline until October 18

The US Federal Trade Commission (FTC) announced its intention to appeal a federal judge’s decision allowing Microsoft to proceed with its acquisition of Activision Blizzard, the maker of Call of Duty. Microsoft’s legal victory and the withdrawal of opposition by the UK’s competition authority have brought the tech giant closer to finalizing its largest-ever deal …

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Microsoft emerges victorious in FTC battle over $69 billion acquisition of Activision Blizzard

Microsoft emerges victorious in FTC battle over  billion acquisition of Activision Blizzard

Microsoft Corp has received court approval to proceed with its $69 billion acquisition of gaming company Activision Blizzard Inc. The US Federal Trade Commission’s attempt to block the deal, which is the largest-ever gaming deal, has been unsuccessful. Activision owns Candy Crush maker King and the popular game Call of Duty. This acquisition will make …

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EU Expected to Be Satisfied with Microsoft’s Licensing Offer for Activision Deal

EU Expected to Be Satisfied with Microsoft’s Licensing Offer for Activision Deal

Microsoft’s potential solution to the EU’s antitrust concerns regarding its $69 billion acquisition of Activision could involve offering licensing deals to its rivals, according to knowledgeable sources. This move would help Microsoft overcome a significant obstacle in finalizing the deal. In January of last year, Microsoft made its largest-ever bid to compete with leaders Tencent …

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The US FTC’s Motives to Block Microsoft’s Largest Acquisition Yet

The US FTC’s Motives to Block Microsoft’s Largest Acquisition Yet

The US Federal Trade Commission (FTC) has filed a lawsuit against Microsoft regarding its $69 billion acquisition of Activision, the maker of the popular video game franchise Call of Duty. The FTC is seeking a preliminary injunction that would temporarily halt the merger while the agency’s in-house court assesses its potential impact on competition in …

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