FT News Briefing FTC hits pause button on video game deal
Dec 9, 2022
The US FTC is suing to block Microsoft's hefty $75 billion deal for Activision Blizzard, raising concerns over competition in the gaming landscape. Meanwhile, KLM is advocating for train travel to cut emissions, revealing the hurdles of shifting short haul passengers from air to rail. In Ukraine, long-range drone strikes are reshaping military dynamics, showcasing resilience amid ongoing conflict and the need for robust support as winter approaches.
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FTC lawsuit
- The FTC is suing to block Microsoft's acquisition of Activision Blizzard, citing potential harm to gaming competition.
- They argue Activision is one of the few developers publishing popular games across multiple devices.
Microsoft and Nintendo Deal
- Microsoft signed a 10-year deal with Nintendo for Call of Duty, just a day before the FTC lawsuit.
- This move likely aims to address antitrust concerns by demonstrating broader game availability.
KLM and Train Travel
- KLM encourages passengers to choose trains over short flights to reduce emissions.
- This approach acknowledges train companies as collaborators, not competitors.