Investing
Canada tells Microsoft that Activision deal is likely to lessen competition — court filing
© Reuters. FILE PHOTO: Microsoft logo is seen on a smartphone placed on displayed Activision Blizzard’s games characters in this illustration taken January 18, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
WASHINGTON (Reuters) – Canada’s Department of Justice told lawyers for Microsoft (NASDAQ:) that it had concluded that the deal to buy Activision “is likely to” lead to less competition in some aspects of gaming, according to a court filing on Thursday.
In a letter dated Wednesday, the bureau said that it had communicated to Microsoft and Activision that the deal would likely lead to less competition in “gaming consoles and multigame subscription services (as well as
cloud gaming).”
Read the full article here
-
Side Hustles6 days ago
Mark Zuckerberg Is Now Second Richest Person in the World
-
Investing6 days ago
Nvidia CEO Jensen Huang: Demand For Blackwell AI Is Insane
-
Side Hustles7 days ago
How to Be Unapologetically You and Why It Matters
-
Side Hustles7 days ago
With AI Magicx, It’s Like Getting an Entire Creative Team in One Money-Saving AI Tool
-
Side Hustles6 days ago
Meta Previews Movie Gen, AI Tools That Turn Dreams to Videos
-
Investing4 days ago
Hurricane Helene Hits Spruce Pine Mine, Quartz Used for Tech
-
Passive Income7 days ago
How AI-Driven Personalization Is Transforming the Retail Industry
-
Investing6 days ago
BCA says investors should fade the real estate rally By Investing.com