FTC Dumps Microsoft's Attempt To Clear Antitrust Concerns Over "Call of Duty"

  • Microsoft Corp MSFT President Brad Smith had offered to sign a legally-binding consent decree with the U.S. Federal Trade Commission to provide "Call of Duty" games to rivals, including Sony Group Corp SONY for a decade.
  • The rejected offer came just before the FTC prosecuted Microsoft for blocking the $69-billion takeover bid for video game publisher Activision Blizzard Inc ATVI, Reuters reports.
  • Also Read: Activision Explored Offering World of Warcraft in China After Recently Dumping NetEase Partnership
  • Sony, the maker of the PlayStation console, expressed concerns over Xbox maker Microsoft gaining control of games like the "Call of Duty" series and making them exclusive to Microsoft devices.
  • Smith, speaking during Microsoft's annual shareholder meeting, shared his disappointment over the FTC quickly dumping the consent decree proposal before suing.
  • Microsoft inked a decade-long commitment to bring "Call of Duty" to Nintendo Co, Ltd NTDOF NTDOY platforms. The company made the same offer to Sony.
  • The deal also faced scrutiny beyond the U.S.
  • Price Action: MSFT shares closed higher by 1.75% at $256.92 on Tuesday.
  • Photo Via Company
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