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this post was submitted on 22 Jun 2023
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I'm very happy that these agencies are blocking this acquisition. I had no faith they would.
There's nothing good about the fourth largest video game publisher (third for first parties) acquiring the sixth largest (third for third parties). We need more variety, not more consolidation.
I had zero hope this would get blocked. Still not totally sure but the FTC is definitely putting up a solid fight. I’d prefer the consoles be fighting to prove they are the better hardware and software experience, not that they can buy the most studios
I feel like most regulatory bodies in the US have a massive lack of knowledge of modern industry practices. Or are willing complicit in the anti-consumer practices