this post was submitted on 27 Jun 2023
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A 2020 email from Xbox chief Phil Spencer to both Microsoft CEO Satya Nadella and Microsoft CFO Amy Hood requested approval to approach Sega Sammy about a...

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[–] brawleryukon@lemmy.world 4 points 1 year ago (1 children)

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.

[–] visor841@lemmy.world 3 points 1 year ago (1 children)

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.

[–] YeOldGrim@lemmy.world 1 points 1 year ago (1 children)

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.