FTC withdraws its in-house challenge to Microsoft’s Activision Blizzard deal

#microsoft #ftc #activision

https://www.theverge.com/2023/7/20/23795591/ftc-microsoft-activision-administrative-challenge

FTC withdraws its in-house challenge to Microsoft’s Activision-Blizzard deal

The FTC has paused its fight against Microsoft’s acquisition of Activision-Blizzard, after losing its case for a preliminary injunction and the follow-up appeal.

The Verge
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.
The thinist of silver linings.
Considering how Bethesda under Microsoft has treated its trans workers, I don't think Activision will get any better
A tiny short term gain compared to the widespread decades long damage done by corporate consolidation.

To me Kotick seems like a scapegoat/hate figure, he’ll (probably) go because he’s already made his billions and this is a nice off-ramp. As much as some gamers will try to frame this as a win, he’s not losing, lots of people would love to ‘lose’ like Kotick has. Whenever he leaves (if he does), he’ll sail off into the sunset or with his track record of results find some other organization that’d love to have him running the show.

It’s also not like he’s been single-handedly running Activision for 30+ years, there will be tiers of leadership running the show and the structure of the organization. After having paid tens of billions to buy it, MS aren’t going to tear down the well oiled and profitable machine, especially if they have their “hands-off” approach, and it’s not as though MS themselves are saints when it comes to how they handle staff. If anything MS would want to retain leadership for a while through any transition to make sure things keep running well, and if they do get ejected/leave the games industry has a reputation for good leadership elsewhere that MS can head-hunt to replace them.

There’s a lot of people that really want to paint this as some great drama where ‘good’ will win out, I think they need to temper their expectations, a lot.

As much as some gamers will try to frame this as a win, he’s not losing...

There was no real outcome to this situation where Kotick loses. Either he stays, makes millions of dollars and continues to lead the company, or he leaves and makes millions of dollars during his exit. Those were always the two options.

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.
I hate Microsoft and don't want to see them grow. But I also hate Blizzard. But I have also been hopelessly addicted to WoW since childhood and don't want it to die. But Bliz also shits on wow every other expansion. Its a complicated mess but MS seems like the lesser evil since it seems only a matter of time before WoW gets the Overwatch and Diablo treatment.
Don't worry, Microsoft will immediately defend and indemnity those who actually matter so nothing will change, really. Bobby will get a golden parachute, and nobody will care he was in Epstein's rolodex.
People will forget all of the potential negatives as soon as Overwatch, Diablo, and Sekiro are added to GamePass.