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#Post#: 55--------------------------------------------------
The Commission is requesting
DIR By: Aklima Khatun
Date: September 3, 2023, 12:57 am
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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,
a US judge order a preliminary injunction to halt the deal,
which risks jeopardizing Microsoft’s bid to complete the
acquisition. In USA Telegram Number Data
HTML https://dbtodata.com/usa-telegram//
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.
HTML https://zh-cn.b2blead.me/wp-content/uploads/2023/08/image_2023_08_29T07_26_51_162Z.png
HTML https://dbtodata.com/usa-telegram/
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.
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