{"id":4389,"date":"2023-06-30T07:43:39","date_gmt":"2023-06-30T02:13:39","guid":{"rendered":"https:\/\/bscrackers.com\/?p=4389"},"modified":"2023-06-30T07:43:39","modified_gmt":"2023-06-30T02:13:39","slug":"microsofts-acquisition-of-activision-blizzard-likely-to-lessen-competition-says-canadian-justice-department","status":"publish","type":"post","link":"https:\/\/bscrackers.com\/?p=4389","title":{"rendered":"Microsoft\u2019s Acquisition of Activision Blizzard Likely to Lessen Competition, Says Canadian Justice Department"},"content":{"rendered":"<p> [ad_1]<br \/>\n<br \/><img decoding=\"async\" src=\"https:\/\/i.gadgets360cdn.com\/large\/microsoft_activison_reuters_1686735261769.jpg\" \/><\/p>\n<div>\n<p>Canada&#8217;s Department of Justice has concluded that <a href=\"https:\/\/www.gadgets360.com\/tags\/Microsoft\" target=\"_blank\" rel=\"noopener\">Microsoft&#8217;s <\/a>deal to buy <a href=\"https:\/\/www.gadgets360.com\/games\/call-of-duty-warzone-mobile-114998\" target=\"_blank\" rel=\"noopener\">Call of Duty<\/a> maker Activision Blizzard &#8220;is likely to&#8221; lead to less competition in some aspects of gaming, according to a court filing on Thursday.<\/p>\n<p>In a letter dated Wednesday to Microsoft&#8217;s US lawyers, the department said it had communicated to Microsoft&#8217;s and <a href=\"https:\/\/www.gadgets360.com\/tags\/activision-blizzard\" target=\"_blank\" rel=\"noopener\">Activision&#8217;s<\/a> lawyers in Canada that the deal would likely lead to less competition in &#8220;gaming consoles and multigame subscription services (as well as cloud gaming).&#8221;<\/p>\n<p>On Thursday, the letter was put on the docket of a US federal court proceeding in which the US Federal Trade Commission is asking a judge to temporarily stop the proposed transaction so that an <a href=\"https:\/\/www.gadgets360.com\/tags\/ftc\" target=\"_blank\" rel=\"noopener\">FTC<\/a> judge will have time to assess it. Closing arguments in the proceeding are set for later on Thursday.<\/p>\n<p>Microsoft has pressed for a decision in the court fight before the July 18 termination date for the deal. A ruling could come as early as next week.<\/p>\n<p>In a statement, Microsoft said it was working with antitrust enforcers to address concerns.<\/p>\n<p>&#8220;We received notice from the Canada Competition Bureau that it would continue to monitor our acquisition of Activision Blizzard after the formal waiting period preventing the deal to close expired,&#8221; a Microsoft spokesperson said.<\/p>\n<p>Microsoft&#8217;s bid to acquire the Call of Duty videogame maker also faces opposition from British competition authorities. Microsoft&#8217;s appeal to Britain&#8217;s Competition Appeal Tribunal is scheduled for July 28.<\/p>\n<p><em>\u00a9 Thomson Reuters 2023<\/em><\/p>\n<hr\/>\n<div class=\"downloadtxt\"><i>Affiliate links may be automatically generated &#8211; see our <a href=\"https:\/\/www.gadgets360.com\/ethics\" target=\"_blank\" rel=\"noopener\">ethics statement<\/a> for details.<\/i><\/div>\n<\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/www.gadgets360.com\/games\/news\/microsoft-activision-blizzard-deal-lessen-competition-says-canada-department-of-justice-4164755\" target=\"_blank\" rel=\"noopener\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] Canada&#8217;s Department of Justice has concluded that Microsoft&#8217;s deal to buy Call of Duty maker Activision Blizzard &#8220;is likely to&#8221; lead to less competition in some aspects of gaming, according to a court filing on Thursday. In a letter dated Wednesday to Microsoft&#8217;s US lawyers, the department said it had communicated to Microsoft&#8217;s and &#8230; <a title=\"Microsoft\u2019s Acquisition of Activision Blizzard Likely to Lessen Competition, Says Canadian Justice Department\" class=\"read-more\" href=\"https:\/\/bscrackers.com\/?p=4389\" aria-label=\"Read more about Microsoft\u2019s Acquisition of Activision Blizzard Likely to Lessen Competition, Says Canadian Justice Department\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":4390,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[107],"tags":[],"class_list":["post-4389","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tech"],"_links":{"self":[{"href":"https:\/\/bscrackers.com\/index.php?rest_route=\/wp\/v2\/posts\/4389","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bscrackers.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bscrackers.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bscrackers.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bscrackers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4389"}],"version-history":[{"count":0,"href":"https:\/\/bscrackers.com\/index.php?rest_route=\/wp\/v2\/posts\/4389\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bscrackers.com\/index.php?rest_route=\/wp\/v2\/media\/4390"}],"wp:attachment":[{"href":"https:\/\/bscrackers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4389"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bscrackers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4389"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bscrackers.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4389"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}