The European Games Developer Federation reportedly supports Microsoft's proposed Activision Blizzard deal.
as reporting that the EGDF supports the acquisition, with the bulk of the text purporting to be of the EGDF's official statement. The statement reads that the EGDF"acknowledges that Microsoft has the ability for anti-competitive market behaviour and has not in the past consistently respected assurances it has given to continue making games published by companies that it has acquired available on rival platforms.
It goes on to add, however, that"EGDF supports Microsoft's Activision Blizzard acquisition, as its potential positive impacts on the competition in game markets, in general, outweigh the limited console and subscription market-specific competition concerns." EGDF also says that"in the console game markets, Sony is a clear market leader with its PlayStation platform," while Microsoft is"still in a challenger position.
EGDF reportedly shares further arguments, such as how Microsoft's acquisition"allows it to challenge Apple and Google as dominant mobile game market application stores," adding,"The acquisition gives Microsoft the means to challenge Apple in emerging cloud gaming / game subscription service markets. Microsoft is the first gatekeeper platform to build a successful cross-platform cloud gaming/subscription ecosystem.
EGDF's statement also appears to call on Microsoft to take certain actions, including to"continue its investment in cross-platform game development and make its games widely available on all platforms," as well as to"break the console market triopoly and compete on content by lowering its 30% platform fee on Xbox.
EGDF's reported statement appears to succinctly summarise why it seems to support the deal."Microsoft's Activision Blizzard acquisition strengthens the competition benefits for global game markets. EGDF supports fair and sustainable competition in game markets. In particular, EGDF has been concerned about the recent consolidation of the global games industry. The more there are equally strong competing market players, the better for European game developers.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
European Commission preparing objections to Microsoft's Activision Blizzard deal – reportMicrosoft will likely receive an antitrust warning from the European Commission over its purchase of Activision Blizzard, a new report claims.
Read more »
Microsoft will reportedly receive an EU antitrust warning over Activision Blizzard deal | VGCThe European Commission is reportedly due to issue an antitrust warning over Microsoft’s proposed acquisition of Activision Blizzard.
Read more »
Microsoft's Activision Blizzard deal reportedly set for EU antitrust warningMicrosoft will next need to defend its $68.7bn bid to buy Activision Blizzard in front of the EU, a fresh report has cl…
Read more »
Microsoft’s $10bn bet on ChatGPT developer marks new era of AI\n\t\t\tKeep abreast of significant corporate, financial and political developments around the world.\n\t\t\tStay informed and spot emerging risks and opportunities with independent global reporting, expert\n\t\t\tcommentary and analysis you can trust.\n\t\t
Read more »
Microsoft and community try to mitigate Defender ASR messTechies forced to mop up after update caused ASR rules to detect false positives, wiping icons and apps shortcuts
Read more »
Microsoft to offer ChatGPT-as-a-service from Azure 'soon'Addition of the chatbot everyone's talking about, and to, comes as Azure OpenAI goes GA
Read more »