this post was submitted on 27 Jun 2023
63 points (100.0% liked)
Technology
59628 readers
3915 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Not that it's a fair comparison because both companies are much more than their gaming divisions, but... Sony's market cap is around $114 billion. Microsoft's is $2.49 trillion.
If MS really decided they wanted full control of the console gaming space, they absolutely have the means to spend Sony into oblivion.
All that said, you'd like to think that government regulators would step in and stop the acquisition train in its tracks if they did try to buy everything up like that.
Definitely, the Activision acquisition has already been blocked so far in the US by the FTC, and looks to be on very shaky ground there.
Initially it was only the UK opposing it. While I may put my tinfoil hat for this, I wonder if the EU Commission was paid off or just clueless. I read their supposed reasoning for this, and all it focuses on is "game streaming" because apparently that's a thing that EU Commissions cares or knows anything about. Worked out real good with Stadia, didn't it.
So what I suspect will happen, if the acquisition goes through is that microsoft gonna set up a shitty game streaming service nobody will want to use, eventually make everything exclusive to ms store and xbox and laugh at the clueless bastards that allow that to happen.