South Africa could become the sixth country to officially approve the deal that would make Microsoft the world’s third-biggest gaming company.
The deal would see Microsoft leapfrog Chinese mobile gaming giant Tencent to become the world’s third-largest gaming company, behind Nintendo and Sony.
In addition, the commission pointed out that Microsoft and Activision Blizzard had undertaken to continue supplying“The commission found that the proposed transaction is unlikely to result in a substantial prevention or lessening of competition in any relevant markets,” it stated.Screenshot from Call of Duty: Modern Warfare 2
The United Kingdom’s Competition and Markets Authority has also given its provisional stamp of approval for the transaction.from PlayStation would cost it more than it could gain.that the European Union’s regulators will clear the deal in an announcement scheduled for 25 April 2023. The FTC argues that if the transaction went ahead, Microsoft could monopolise the games market and hurt rivals like Nintendo or Sony.Call of DutySony has continued to oppose the deal and refused to accept that same offer, alleging that Microsoft would deliberately sabotage the PlayStation versions ofMany experts have argued that Sony’s arguments are ironic, coming from a company that has derived much of its success from its PlayStation exclusives.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
South Africa: Eskom Leaves South Africa in the DarkOpinion - Eskom has been caught red-handed in a shocking revelation -- they failed to disclose that the nation was plunged into Stage 8 load shedding last week. Did they really think South Africans wouldn't notice?
Read more »
The 10 most popular second-hand vehicles in South Africa – including price, year, and mileageThe 10 most popular second-hand vehicles in South Africa - including price, year, and mileage
Read more »
South Africa coach Nienaber to quit after World CupSouth Africa head coach Jacques Nienaber is to quit his role after the Rugby World Cup in France this year to join Irish side Leinster, where he will replace senior coach Stuart Lancaster.
Read more »
Investors may dump South AfricaInvestors and business leaders were “tired and frustrated” with such issues as load-shedding and Transnet inefficiency.
Read more »
There are many Thabo Besters in South AfricaIn our country and beyond, people are fascinated that Bester, a nobody who didn’t even have a home affairs birth certificate, let alone an identity document, could pull off the kind of stunts script writers struggle to conjure up, writes Sefara_Mak .
Read more »
South Africa needs more activists, not more politiciansWaging the battle for a better South Africa is an honourable, necessary and urgent cause — but is the ballot the most effective tool? Asks ZimasaMatiwane
Read more »