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FTC withdraws its in-house challenge to Microsoft’s Activision Blizzard deal
(www.theverge.com)
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this post was submitted on 21 Jul 2023
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And as expected, the destructive consolidation of the industry moves forward again, cheered on by consumers celebrating the short term bump to the value of their subscription service.
I'm seeing a lot of consumers with mixed feelings about this, actually. With most of the positives being that the Activision Blizzard toxic leadership will be replaced.
I kinda understand this point of view but I don't see how it punishes anyone at Act/Blizz. Bobby Kotick walks away with a literal fortune and I doubt Microsoft fires the management to hire all new people. I'd like to see Act/Blizz shareholders sue the board and Kotick for corporate malfeasance instead and get that money back.