Sony Electronics Inc. today revealed its partnership with SQUARE ENIX® on the latest standalone title in the esteemed FINAL FANTASY game franchise, FINAL FANTASY® XVI, available exclusively on PlayStation®5 (PS5™). Continue reading
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The Competition and Markets Authority (CMA)’s blocks Microsoft’s $68.7 billion acquisition of Activision Blizzard
The Competition and Markets Authority (CMA)’s decision to block Microsoft’s $68.7 billion acquisition of Activision Blizzard has been met with mixed reactions from the gaming community. Some gamers are disappointed that they may not be able to play their favorite Activision Blizzard games on their preferred platforms, while others are concerned about the potential for increased prices and decreased innovation in the gaming industry.
The CMA’s decision is based on its belief that the deal would give Microsoft too much market power in the gaming industry. Microsoft is already one of the largest gaming companies in the world, and the acquisition of Activision Blizzard would give it even more control over the market. The CMA is concerned that this could lead to higher prices for games and less choice for gamers.
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