Live data from Hacker News

Microsoft wins FTC fight to buy Activision Blizzard

theverge.com

111–120 of 490 posts

Re: Microsoft wins FTC fight to buy Activision Blizzard

#111
post #41

Earlier quoted context omitted.

[flagged]

Microsoft failing to create a compelling product in two decades isnt Sony’s fault

Yeah, if Microsoft wants to compete, they need to build great game making culture, not just spend lavish amounts of money to acquire all the independent studios out there after the Bethesda acquisition for $8B. Now Activision for $70B. What next?...Nintendo for $150B?.

And using monopolistic profits from other tech businesses like Enterprise software/cloud. And maybe in the future AI profits with OpenAI.

We've had enough of a future controlled by Big Tech. The goal in all cases should be to make them smaller, not more powerful.

Re: Microsoft wins FTC fight to buy Activision Blizzard

#112

Earlier quoted context omitted.

You're totally off base. Video games are not just kids stuff. The industry makes nearly three times more money than the film industry. This is exactly the kind of stakes that FTC should be getting involved in.

Both of these industries are entertainment though -- and to me at least it seems there's a pretty limited amount of consumer harm that could come from various IP exclusivity deals. Again -- am I thinking about this wrong? What is the consumer harm that could result from the moving of IP from one company to another? A truly dedicated fan has to buy a different console to play their favorite game? Non-truly dedicated f…

The FTC is getting involved, because the goal is to make Big Tech smaller not more bigger, and more dominant through acquiring independent studios with major titles, such as they did with $7B Bethesda, and now 65B+ Activision deal. These are huge IPs, that have large amounts of players, and can give a company like MSFT huge control in gaming, and in the metaverse,etc in the future, which is another nascent field. But far off, that they have not mentioned it in the case or with the public.

Re: Microsoft wins FTC fight to buy Activision Blizzard

#114
post #76
post #60

Earlier quoted context omitted.

Sure: you can see it by reviewing the filings by the FTC in the case FTC v. Microsoft Corp. at https://www.courtlistener.com/docket/67494594/federal-trade-... Pay special attention to the theories of harm advanced by the FTC and note that the harm focused on by the FTC is that done to a foreign company (Sony) rather than US consumers.

That is not evidence of your claim. The FTC argues that the deal would reduce competition, and that reduced competition is bad for consumers. To show that the deal would reduce competition, they focused on the impact the deal would have on Microsoft's competitors, i.e., Sony.

Well if we can’t agree that the FTC’s position in this case is blatantly pro-foreign-monopolist at the expense of domestic consumers then I guess we’re sort of at an impasse. You seem to be asking me for a source from the FTC saying that they’re bought and sold by foreign powers. It’s rare to have someone confess to a crime, so you can see how this type of statement from the FTC would be hard to come by (although we can get close: “the FTC announced in March that it would send its own agency officials to aid Europe in implementing and enforcing the European Union’s Digital Markets Act (DMA). When challenged in an April congressional hearing, Kahn defended her position as simply ‘good government.’” per https://thehill.com/opinion/technology/4075612-how-one-us-go...). I’m basing my argument on what the FTC has actually done, regardless of what they have(n’t) said:

Microsoft offered direct evidence of this acquisition being good for US and global consumers (including “willfully” entering into agreements to preserve consumer access to their products via their competitors’ platforms). FTC offered “evidence” that Sony’s monopoly position would be (only slightly) eroded by this acquisition and then hand-waved that this is bad for competition and then hand-waved that this is bad for consumers. Further, the FTC’s own expert (who provided the “evidence” of Sony’s monopoly being eroded) couldn’t even support his chosen inputs/assumptions beyond more hand-waving that amounted to “well that’s what I think would happen.”

So you’ve got a poorly (if at all) supported tertiary-effect on the only people that should actually matter to the FTC (domestic consumers). That’s why the court found that FTC had “not shown a likelihood it will prevail on its claim this particular vertical merger in this specific industry may substantially lessen competition.” The FTC shouldn’t be throwing US consumers under the bus in order to protect a foreign company’s dominant market position, especially with such flimsy evidence. If this was the first or second time this happened with the New FTC? Maybe that’s a coincidence. This many times? Well, that’s enemy action.

Where is your evidence that the FTC’s meritless case is anything other than the FTC working at the behest of a foreign monopolist? Who gains from this FTC action other than Sony?

Re: Microsoft wins FTC fight to buy Activision Blizzard

#115

Earlier quoted context omitted.

[flagged]

> Ehm, allow me to remind everyone what I heard about Twitter censorship for years.. If Sony doesn’t like it, they can make their own Call of Duty. Maybe Microsoft should argue this point instead. But they didn't. They argued that they would allow CoD on multi-platforms so it's only reasonable to expect people to respond to that point. It's a bit similar to how some people said that the posts deserved to be deleted w…

>Maybe Microsoft should argue this point instead. But they didn't. They argued that they would allow CoD on multi-platforms so it's only reasonable to expect people to respond to that point.

That's just basic business. If I buy a shoe factory, I'm going to say of course I'll sell them to Canadians! I wouldn't say "Eh, stuff it Canada, go make your own shoes!" even if my own internal plans didn't prioritize exports.

Re: Microsoft wins FTC fight to buy Activision Blizzard

#116

I find the whole thing to be a tempest in a teapot -- why is the FTC involved in this at all? For christ's sake it's a video game! If we were discussing access to some critical resource I would understand, but how is this not a criminal waste of our government's time and resources? It reminds me of the congressional baseball steroid hearings. Am I totally off base here? Can anyone explain to me why this case is so cr…

I don't think you get how much money is involved in video games now days

The last Call of Duty game crossed a billion dollars in 10 days

Re: Microsoft wins FTC fight to buy Activision Blizzard

#117

Earlier quoted context omitted.

> Companies with more resources than small countries are often too big to regulate because they capture the regulators and/or the judiciary. Regulatory capture is entirely the fault of the regulator. They don't have to be captured. They choose to be. A government body, funded by taxes, that decides to be captured, is a complete disgrace. People work hard to pay taxes, and they shouldn't be spent on employing people w…

I wish it were that simple. Sadly a large portion of US voters seem to think a revolving door with "industry experts" (i.e. insiders) is desirable. And that courts should defer to business interests above all else.

‘Running the government like a business’ is and was the biggest crock of shit ever sold.

Anyone who has worked at large corporate bureaucracies knows they are just as slow and rule bound as government departments and in many ways worse. At least there are some well motivated people in government.

Government is us. The people. We’ve delegated it to an elite class that gets more and more cut off from the common politik as time goes by.

I see no easy solution . Power does not willingly give up power.

Re: Microsoft wins FTC fight to buy Activision Blizzard

#118
post #74

I find the whole thing to be a tempest in a teapot -- why is the FTC involved in this at all? For christ's sake it's a video game! If we were discussing access to some critical resource I would understand, but how is this not a criminal waste of our government's time and resources? It reminds me of the congressional baseball steroid hearings. Am I totally off base here? Can anyone explain to me why this case is so cr…

[flagged]

???

How is Lina Khan "pro-foreign-corporation" ?

Re: Microsoft wins FTC fight to buy Activision Blizzard

#119
post #7

How could closing the deal look like in practice while the UK is blocking it? Would that mean Microsoft can't sell Activision Blizzard games in the UK?

This is just from eyeballing the top results of some Google searching so may not be super accurate, but it looks like the console games market is around $34 billion a year in the US, $11 billion a year in the EU, and under $1 billion a year in the UK.

The merger has been approved by EU and now US regulators.

The UK market might be small enough compared to the US and the EU that Microsoft and Activision might find it worthwhile to just leave the UK console game market if they had to choose between that and not being able to complete the merger.

Re: Microsoft wins FTC fight to buy Activision Blizzard

#120

Earlier quoted context omitted.

Can you expand up on that? I can't play Pokemon on my PC or Gran Turismo on my Xbox or WoW on my PS5. What will change "very bad for end consumer in long term"?

“can someone explain why microsoft is evil?”

Those same people can explain how Activision is independently evil.
Post reply on HN