Microsoft wins FTC fight to buy Activision Blizzard - eviltoast

Microsoft can now go ahead and close its giant deal.

  • Katana314@lemmy.world
    link
    fedilink
    arrow-up
    0
    ·
    1 year ago

    The “pick one” mentality may come from the inherent freedom of Activision’s owners. They don’t see any further way for the publisher to grow, so they seek the next logical outcome for themselves: Acquisition. That’s always going to come from a company large enough to be a major force in video games.

    “Pick neither” is telling them they are not allowed to do anything with their company.

    • Neato@kbin.social
      link
      fedilink
      arrow-up
      1
      ·
      1 year ago

      They could grow by making more games that sell well. More offshoot studios so they can have more parallel production.

      If the ONLY way they can grow is to consolidate, then they are as big as they are going to get then. Tough titties. They have a minor duty to shareholders to turn a profit, not to grow at all costs. That’s the problem with current capitalism and will lead to effective monopolies.

      • EvaUnit02@kbin.social
        link
        fedilink
        arrow-up
        3
        ·
        1 year ago

        I’m opposed to this acquisition but let’s be clear: Activision doesn’t have a “minor duty to shareholders”. They have a fiduciary duty to shareholders.

        • Neato@kbin.social
          link
          fedilink
          arrow-up
          2
          ·
          1 year ago

          Yes. But the duty is to put the best interests of the company first. This is ambiguous because it can mean long-term health and stability, or as is more common lately, companies have decided that short-term profits over all else.

          So there is no duty to “grow at any cost”. They can be profitable and stable and define that as the best interests of the company.

        • TwilightVulpine@kbin.social
          link
          fedilink
          arrow-up
          1
          ·
          1 year ago

          I’m getting sick of how the law mandates in favor of companies pushing for unreasonable, untenable and sometimes even destructive growth.