990°

EU approves Microsoft's $68.7bn Activision Blizzard bid

Microsoft's stalled Activision Blizzard buyout received some positive news today, as the EU offered its approval.

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Workshyskiver367d ago

As rumoured earlier, the saga continues.

-Foxtrot367d ago

And now the UK will back down, which is my guess even though we should have a backbone and stand our ground since it defeats the point of an independent group like the CMA.

Hofstaderman367d ago (Edited 367d ago )

CMA not backing down. Publicly stated that they disagree with EU commission. Good luck to the appeal in the world's second largest market.

Kerppamaister367d ago

@Hoffer UK isn't the 2nd biggest.

vallencer367d ago

@hofstadetman

If you go by gaming revenue then UK is ranked in 5th market wise. If you go by population alone then the UK is 21st. You don't have to like the deal, completely fair, but don't just say random things.

I just googled these very easily to get my numbers. Both statistics are from last year.

VenomUK367d ago

Woah, I'm surprised to see the CMA rebuttal as it strongly explains exactly why it thinks the EU decision is wrong which is to do with Microsoft defining the cloud industry for a decade. The CMA said: "It would allow Microsoft to set the terms and conditions for this market for the next 10 years. They would replace a free, open and competitive market with one subject to ongoing regulation of the games Microsoft sells, the platforms to which it sells them, and the conditions of sale."

The EU will allow the deal with remedies which include allowing the ABK games to be accessible on any cloud platform where the user has a license. This means that if a person has bought the game for PlayStation they will be able to play it via the cloud, so if you have the digital license you can play it via PS Plus cloud. This will not stop Microsoft from bundling ABK games for free with Game Pass - therefore its cloud product will be a more attractive option to consumers.

343_Guilty_Spark367d ago

CMA didn’t have any ground to stand on and made all their initial concerns surrounding competition in cloud. When they couldn’t find evidence to support their claim, they simply made up a new one. They are trying to protect a super niche market (more than VR) where most players including Sony have said is a waste of resources and money.

Interesting Amazon Luna just launched in the UK.

Sonic1881367d ago

I'm more interested in the FTC. I wanna know how that will turn out.

Dirty_Lemons367d ago

To be fair we're fucking idiots for leaving the EU. We aren't the British Empire anymore, we offer nothing to the rest of the world now we sold up everything we used to own - railways, factories, steel works etc.

dcbronco366d ago

VenonUK the CMA argument was nonsense from the start. Allowing others to piggyback on Microsoft's work is a handout to Sony. One Microsoft can afford since business users already pay for the cloud infrastructure. But to continue to pretend Sony is somehow possibly injured when the CMA did nothing to limit Sony's payoffs to developers to stay away from Xbox while using their 70+% of the market as a bludgeon to push those agreements shows the CMA is a joke. How can you claim the cloud in its infancy is this huge advantage byt ignore those payoffs. It seems to me that the developers aren't the only one receiving payoffs. If they were fair the Sony payoffs should have been immediately halted if they were going to block Microsoft's acquisition. But it's clear fair isn't what they are into.

+ Show (5) more repliesLast reply 366d ago
solideagle367d ago (Edited 367d ago )

EU doesn't like UK after Brexit anyway :D I knew there will be 2 different outcomes, it seems like CMA vs world right now...MS can use this in court to win that look everybody agrees except CMA. I am not expert in these things anyway :)

PS: time to grab popcorn and soda :P

-Foxtrot367d ago

Oh yeah they despise us especially after Brexit

ED-E367d ago

Really? I'm from a German region and I barely read or heard from any professional source that we have to dislike/hate UK after they left the EU. However there were tension before as some of the UK politicians were less committed to the idea of EU. UK had a lot of privileges within the EU, that had generated tension with other members. For what its worth, some Russian military strategist must have been happy, as these was one of the plans from the 90s to weaken the EU/Europe in the future. See https://en.wikipedia.org/wi...

MrDead367d ago (Edited 367d ago )

It's about money and influence, this deal was always going to go through. CMA is independent and free from influence unlike EU, the entire point of the CMA is to make sure lobbied influence is kept out unfortunately the UK has a right wing psycho party in power so the CMA will be weakened if enough money passes to the Tory party.

"Which companies spend the most on EU lobbying?
Big Tech is edging out Big Energy at the top of the rankings of highest declared company EU lobby budget, with Apple, Google, Meta, Microsoft, Qualcomm, and Huawei all featuring in the top ten. And while in 2015, there were four energy companies in the top 10, in 2022 it's only two, Shell and Exxon."

Unfortunately for the consumer It's more market consolidation, just like food, air travel, energy companies, telecoms, and even eggs in California, the fewer companies that own the majority of goods we purchase you will always see a drop in quality, value, wages, price rises and less choice.

Abracadabra367d ago

Honest question...
Are the UK better off after leaving the EU?

outsider1624367d ago

Could you get me some too. This keeps getting interesting lol.

Old McGroin367d ago

@ -Foxtrot

"Oh yeah they despise us especially after Brexit"

Not really though. That's just the narrative fed to the British public to enforce the us versus the world mentality that pushed through Brexit in the first place. Nobody actually despises the UK for Brexit, there's plenty of other reasons for that 😅

-Foxtrot367d ago

@Old McGroin

I'm not saying it's the main reason, the EU have always came off they've hated the UK long before Brexit but when it happened it didn't help.

solideagle366d ago

@Abracadabra

I personally think No. UK should have part of EU...

dcbronco366d ago

As Dirty_Lemons said the UK doesn't have much to offer. They're no longer an empire. They're a lapdog. That's why Sony could afford to buy them off. The CMA has absolutely no sense of justice or fairness. The only thing the CMA has the potential to do is to hurt the UK consumers. If everyone else approves Microsoft could walk away from the UK until they void all of Sony's exclusivity deals if things are meant to be fair until the console marketshare is even. Since that will probably never happen then Sony will no longer have UK exclusivity again. The CMA is a joke and they are do money hungry they are willing to display it to the whole world. I see another Prime Minister style early exit among their executives.

dcbronco366d ago

MrDead explain how Sony's extensive exclusivity deals while having over 70% of the market aren't the equivalent of market consolidation. Sony fans just want the advantage despite fairness. But the UK, like America is falling apart. And it's based on allowing true oligarchs to maintain their fortunes by suppressing competition. Besides a couple of weapons systems I can't think of one industry the UK is a leader in. Except riding the US's --nis. It's a recipe for failure because you're going to fail right along side of the US. Maybe you guys will wake up after a couple more PMs quit. But that will probably be too late. You've atrached your sail to a sinking ship. Brilliant!

Christopher366d ago

***MrDead explain how Sony's extensive exclusivity deals while having over 70% of the market aren't the equivalent of market consolidation.***

Sony doesn't have over 70% of the market. Glad we could help you with that.

In your attempt to discuss market consolidation, you yourself consolidated the discussion to just two players within the market and the comparison of their market reach. This ignores the other competition that Sony has, including Nintendo, PC, and Cloud/Streaming.

What's that? Sony made that comparison in one of their documents? Oh, great, but when talking about "the market" you have to actually include the entirety of the market.

You also have to understand that Microsoft is also using 2021 data, which is not the same as 2023 data.Here is the current market breakdown, approximately and based on available data.

Mobile >>> PC >> PlayStation ($24.41B) > Xbox ($15.56B) > Nintendo ($12.62B)

Microsoft gained 9% towards Sony in two years and all of them still collapse under the weight of Mobile and PC markets.

+ Show (8) more repliesLast reply 366d ago
Abracadabra367d ago (Edited 367d ago )

No surprise. Most people suspected the EU would approve... but It's unlikely the UK will change their mind (too stubborn). Without the UK the deal will likely fall.

MrDead367d ago

I think most people knew is was going to happen because of anti-lobbying groups bringing to light how much MS is spending on lobbying the EU. You don't spend millions a year to not get your way, they can't lobby the CMA though as they are independent.

From Reuters

BRUSSELS, Aug 31 (Reuters) - Alphabet Inc's (AAPL.O) Google unit, Facebook Inc (FB.O) and Microsoft Corp (MSFT.O) are the three biggest lobbying spenders in Europe in a battle against tough new laws aimed at curbing U.S. tech giants' powers, a study released on Tuesday showed.

Such efforts should be a wake-up call to EU policymakers to beef up the draft laws and lobbying rules, the study by campaign groups Corporate Europe Observatory and LobbyControl warned.

The tech sector outspends even the pharma, fossil fuels, finance and chemicals sectors, which used to dominate lobbying, the report said.

The tech lobbying focuses on two key pieces of legislation. The Digital Markets' Act lists do's and don'ts for tech giants, and the Digital Services Act requires companies to do more to police content on their platforms.

The study warned about the industry's access to the European Commission, with lobbyists involved in three-quarters of the 270 meetings Commission officials had on the two draft laws.

It also cited the role played by trade and business associations, think tanks and even political parties in promoting the tech industry's narrative."

neutralgamer1992367d ago

Hopefully this means we can finally move forward

Will be very interesting to see what FTC does and if it’s finally approved how Sony will react. My guess is Sony will go after square enix and capcom

+ Show (2) more repliesLast reply 366d ago
LOGICWINS367d ago

A "certain group of individuals" celebrated too early. This isn't over...not by a long shot.

Sonyslave3367d ago (Edited 367d ago )

True and I think the CMA have a meeting with the PM explaining their decision why they block this deal over cloud harm a small 5 % of gaming.

The
@CMAgovUK
's chairman and CEO have to testify tomorrow before the Business and Trade Committee of the UK Parliament on "the work of the Competition and Markets Authority".

UK lawmakers will ask questions, hopefully also related to #Microsoft-#ActivisionBlizzard !
#UnblockABK

Battlestar23367d ago

Word has it the British PM is going to unblock the deal and strip the CMA of powers for their arrogance in regards to how they mistreated MS.

S2Killinit367d ago (Edited 367d ago )

MS will have paid the politicians in parliment good money to lobby for them I’m sure, but the CMA is an independence body. It should he interesting.

Eonjay367d ago

@Battlestar23

That's insane. The purpose of the CMA isn't to greenlight corporate ambition. Also the CMA is established as a independent organization. It's designed to protect UK citizens not US billionaires. You wouldn't strip the people of their own protections.

Not even you would do that because once you started to understand its purpose you would understand its importance.

FinalFantasyFanatic366d ago

@Battlestar23,
Wow, that's enough to make anyone lose faith in the British government, that's sounds like some serious corruption to me and should most definitely be investigated if the PM does that.

giovonni366d ago

@eonjay that is not the CMA’s purpose. Their purpose is to “take action against business and individuals that take part in cartels or anti competitive behavior.” Corporate ambition is just that, ambition, now if it becomes anti competitive then you’re talking. The problem with the CMA is everything they are bringing to the table is a concern, but speculative, and the way the CMA likes to work is they rather be careful than to be wrong even when the evidence says other wise. In this case the evidence says other wise, and the biggest misconception is the EU is in the pocket of MS. Mind you the EU forced more concessions to make sure cloud gaming can grown and stay competitive. Why didn’t the CMA do that? I’m also curious what is the CMA protecting its people from ? This block is stopping cloud gaming from growing, which is stopping the growth of business in their region. And no it’s not a monopoly either

+ Show (2) more repliesLast reply 366d ago
Battlestar23367d ago

Agreed MS has gotten a great victory today for us gamers.

LOGICWINS367d ago

This deal saves me $70 every year once COD ends up on Game Pass. Very excited! 😊

wesnytsfs367d ago

Yep makes Gamepass better and adds more platforms for COD to be on.

gold_drake367d ago

i wouldnt call that a victory for gamers haha.

Sonic1881367d ago (Edited 367d ago )

Hilarious. I'll be over in 10 years 😄

Ps5conehead367d ago

It’s not a win for gamers. At all.

Aloymetal367d ago

The problem is, most ''gamers'' around the planet don't give one iota about MS's gaming division.

FinalFantasyFanatic366d ago

Wait, who? Are you sure you didn't accidentally substitute "Gamers" for "Microsoft"?

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Obscure_Observer367d ago

"A "certain group of individuals" celebrated too early. This isn't over...not by a long shot."

Indeed. Too early!

Hofstaderman367d ago

READ the article. The CMA responded to the EU's decision and is doubling down on their decision. If its dead in the UK its dead my friend. The UK is the second largest market. But lets see the spin from your side.

Sonic1881367d ago

approval offers a glimmer of hope but probably doesn't change much for Microsoft's chances of success in legal challenges to the FTC and CMA. The FTC has a personal vendetta against Microsoft. I'm still trying to figure out what did Microsoft do to them 🤔

Eonjay367d ago

@Sonic1881

It's not just MSFT. The FTC has it out for all bug tech and it's a good thing they do. There is no competition in the OS market and that's a problem. AI is gonna be even more dangerous in the hands of a rich few. The FTC should be doing everything it can to stop the mega corps. We can go back and forward about fan loyalties but we gotta understand that the are just using us against our own interests.

Think of the future we and our kids have to live in.

1Victor367d ago

@Sonic: “The FTC has a personal vendetta against Microsoft. I'm still trying to figure out what did Microsoft do to them 🤔”

Windows explorer only on the OS no options for other browsers, making it hard to uninstall it, making it difficult to install another browser, crappy windows ME those are some I can think of the top of my head

+ Show (1) more replyLast reply 367d ago
S2Killinit367d ago (Edited 367d ago )

I dont think anyone celebrated early. Any victory against MS’s future vision for console gaming should be celebrated by all console gamers imo. But I do believe that money talks, and MS will get the deal done unfortunately, although I hope that they force MS to give as much concessions as possible.

I hope this deal back fires so badly that other shit corporations would think twice about pulling this sort of crap.

The3faces367d ago

Yeah like Sony used to do, just ask Sega and Nintendo

generic-user-name367d ago

Yes, Jan 2022 was indeed too early to bust out the Crash Bandicoot avatars.

Christopher367d ago

A 'certain group of individuals' are still insistent on what will happen and have made pretty baseless statements about the CMA after spending months saying it would go through the CMA and that the only issue was Sony meddling when in reality Sony wasn't their focus at all

RedDevils366d ago

"A "certain group of individuals" celebrated too early" hmm, wasn't that group that support M$?

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100°

Square Enix Is Going Multiplatform; The Layoffs & Its Past Don't Inspire Confidence

After its latest games didn't meet sales targets, Square Enix is going multiplatform but the company's track record isn't convincing.

Scissorman2h ago

Square Enix been multiplatform for decades, a few exclusively-deals doesn't make them any less multiplatform.

fr0sty2h ago

Nor is selling their games on a console with only 25 million install base going to bring their sales to where they hope they will be... Unless they somehow manage to dumb down FF7 trilogy to work on switch, they aren't going to have much luck. They already released it on PC, after all.

SegaSaturn6692h ago

It kind of does, giving preference to a certain platform by timed exclusivity. Console ports generally feel superior. Legend of mana PC port extremely broken

neutralgamer19921h ago

Sega

It doesn’t when square themselves didn’t want to fund the development of remake. It’s only after the success of the 1st they realized their mistake but now contract is signed. If it wasn’t for Sony there would be no FF7 remakes. Same goes for silent hill 2 with Konami. They don’t want to fund AAA budget. Companies like PlayStation and Nintendo get blamed when in reality they are saving some of these franchises

Remember sega didn’t want to fund bayonetta and epic games didn’t want to fund another gears of war. It’s easy to blame console makers but they are the ones taking the risk and paying huge upfront costs without seeing the final product. FF7 remake trilogy won’t be coming to Xbox now or in the future. PlayStation and PC is what square signed up for. Sony paid them more than they would make from Xbox sales.

ravens522h ago

I just wonder when everyone is going to demand that the Square Enix exclusives with Nintendo come to PS and Xbox. Or it's just the PS exclusives that matter lol

phoenixwing2h ago(Edited 2h ago)

I'd love for the nintendo exclusives to come to pc or ps5. They'd actually be playable then.

neutralgamer19921h ago

Raven

Exactly and that’s where square enix does more exclusive than any other platform. Gaming is square has always been very unrealistic with their sales expectations. Remember when tomb raider reboot sold 7.5 million and square said it wasn’t enough. They need to spend less on development and have more realistic expectations from sales.

And those thinking games being not on Xbox makes a difference don’t understand we have a decade plus of data showing square enix games having less than 20% of their multiplatform sales on Xbox (final fantasy series) and Nintendo consoles aren’t strong enough to run any current games. Nintendo switch should be as strong as Xbox one x atleast but we all know that’s most likely won’t happen

RoadRacer49m ago

@raven

thing is, as neutral said in their comm, the switch isn't strong enough to run flagship SE games
i think what SE does is, it makes unique games for switch only so that it has something for that console too. Thats where all the "underlined sans" rpgs go to mostly

maybe things will change when Swtich 2 drops cuz that's gonna be as strong as ps4 afaik from the rumors flying around

TheGamingHounds1h ago

@Scissorman

Your point is valid enough but when the icon of this company is limited to one console in timed-exclusivity, it means the company has crossed the line. By some degree at least

All things aside, Square itself stated "aggressive multiplatform strategies" so we all know what it's talking about

+ Show (1) more replyLast reply 49m ago
TheGamingHounds1h ago(Edited 1h ago)

SE needs to go all in optimization. Broken PC ports won't help its case, especially with big releases like mainline Final Fantasy

Asterphoenix1h ago

It's actually simple. What doesn't inspire confidence is Square allocating their budgets on the wrong projects such as Forspoken, Avengers, Babylons Fall and Foamstars.

Square has always been multiplatform since PS3/360 days which 80 % of their games are. People kick up a fuss over PS exclusivity but not Nintendo which has more exclusive projects console exclusive from Square.

FF16 has done ok but not enough to fix the blunders that the past mistakes Square has made with some of their projects. FF7 Rebirth is unclear we'll see a PC release for sure so it's hard to say so far not as good as they would of liked.

Then again unrealistic expectations. If it weren't for Sony these games would at least had another 2 years development time. So some people need to be realistic in that regard.

RoadRacer47m ago

Square Enix just really need to revise its expectations. Maybe consider a change in strategy on dev end as well. Multiplat will help for sure but only good games that are marketed well will sell

70°

Activision team is opening a new game studio in Poland 'Elsewhere Entertainment' to build new AAA IP

Microsoft's Activision subsidiary announced today that it is opening a new game development studio to take advantage of the huge talent pool growing in Poland. It'll be the second Activision studio based in the region, joining Infinity Ward Krakow, although this studio is, in fact, not working on Call of Duty.

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70°

Manor Lords has sold over 2 million copies since launch

Developer Slavic Magic and publisher Hooded Horse announce that their city building sim Manor Lords has sold over two million copies since launch.

1nsomniac10h ago

Still waiting for its first patch which is worrying. I know it’s been a single man developer but there’s really no excuse for no updates being released since launch. I’ve been part of many single developer releases that are updated daily, sometimes hourly. This’s hasn’t had a single one yet….

shadowknight2032h ago

There's a rumor going around that this developer once went by the name of another alias, and released a game without any further updates afterwards. Tis an eye worth looking at.