FTC Investigating Sony/Bungie Deal [May 05, 2022, 7:25 pm ET] – Share – Viewing Comments
The Information reports (may require registration or subscription) that the United States Federal Trade Commission
is investigating Sony's announced deal to
acquire Bungie for a reported $3.6 billion. It doesn't seem clear at this point
what sort of peril this creates for the potential transaction:
The Federal Trade Commission has opened an in-depth investigation of Sony’s proposed $3.6 billion takeover of Bungie, the gaming studio behind Destiny and Halo, according to people familiar with the matter. While the FTC may not be able to block the deal, its decision to review it is the latest example of how aggressive the agency is becoming in reviewing mergers.
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Did Tencent lobbyists make a better offer? 
"I expect death to be nothingness and by removing from me all possible fears of death, I am thankful to atheism." Isaac Asimov
So wait, the FTC is fine with Microsoft buying Activision/Blizzard but seemingly not ok with Sony buying Bungie? That seems a little bit one sided to me, since Activision/Blizzard is a huge publisher and Bungie is - a game development studio that happens to currently self-publish their own game IP I guess? How does one compare Acti/Blizz to Bungie then?
LOC wrote on May 5, 2022, 23:29:I think the FTC is also investigating the Microsoft Activision/Blizzard deal.
So wait, the FTC is fine with Microsoft buying Activision/Blizzard but seemingly not ok with Sony buying Bungie? That seems a little bit one sided to me, since Activision/Blizzard is a huge publisher and Bungie is - a game development studio that happens to currently self-publish their own game IP I guess? How does one compare Acti/Blizz to Bungie then?
https://www.bluesnews.com/s/244783/ftc-reviewing-microsoft-activision-deal
https://www.bluesnews.com/s/246266/ftc-requests-further-microsoft-activision-merger-details
https://www.bluesnews.com/s/246589/us-senators-express-microsoft-activision-merger-concerns
Just depends on what they are investigating it for. I didn't read the article so I don't know...but it seems unlikely that being investigated is a good thing for the deal.
Well at least they are consistent there then. Wonder how I missed all of those stories lol
This just in... FTC honchos tired of old Dachas...
If they were acually doing thier job, there might be more than one choice of internet and cable in town.
If they were acually doing thier job, there might be more than one choice of internet and cable in town.
"Meet the new Boss, same as the old Boss." - The Who.
I'd be concerned if the FTC wasn't investigating large mergers like this, especially when they have the potential to impact competition in the market.
"The price of freedom is eternal vigilance."
All game companies are Taco Bell!
“Extinction is the rule. Survival is the exception.” -- Carl Sagan
Jonjonz wrote on May 6, 2022, 06:24:
This just in... FTC honchos tired of old Dachas...
If they were acually doing thier job, there might be more than one choice of internet and cable in town.
Lol, don't blame the FTC for what the mayor of your town/city did to pad his account. Very likely, you only have one provider in your city because the local government was paid off to sign legislature saying no competitors can come in.
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