Microsoft FTC lawsuit

[ad_1] Sony's Playstation consoles have garnered a significant fanbase in India, with gamers appreciating their impressive gaming capabilities. While the Playstation 5 (PS5) remains a popular choice among gamers, recent findings from court documents accessed by IGN suggest that the next generation of Playstation and Xbox consoles may make their debut as early as 2028.In a legal case regarding Microsoft's acquisition of Activision Blizzard in a US court, the tech giant stated its expectation for the official release of the next generation gaming consoles in 2028. This projection indicates that successors to the current generation, including the PS5 and Xbox X and S, could potentially arrive after an eight-year interval. The information regarding the upcoming consoles was revealed in docu...

[ad_1] Microsoft Corp. began its court fight with the Federal Trade Commission over the $69 billion purchase of Activision Blizzard Inc. by saying that even an executive at rival Sony Corp. had acknowledged the deal wasn't “an exclusivity play” to hurt the PlayStation gaming console.The FTC wants to block the transaction while its legal challenge is pending, and the two sides are arguing the case at a five-day court hearing that began Thursday in San Francisco. Microsoft, maker of the Xbox console, is defending the blockbuster deal, which would catapult it to the No. 3 position in the global games market after Tencent Holdings Ltd. and Sony. During opening statements, Microsoft attorney Beth Wilkinson sought to counter the FTC's claim that the deal would hurt competition by reading the ...

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