Microsoft and the video game giant Activision Blizzard have been making a lot of headlines ever since they announced their $69 million merger in which Microsoft will acquire the Activision Blizzard company and the FTC(The Federal Trade Commission) of USA is trying to put a halt to the multi-million dollar deal.
The opening arguments of the combined parties of Microsoft and Activision will be heard on Thursday and according to sources, Microsoft is all set to accept their defeat in the ‘console wars‘ in order to grab the Activision Blizzard deal.
Microsoft accepted the defeat of Xbox in the console wars
The Federal Trade Commission of the USA is allegedly opposing the multi-million dollar deal between Microsoft and Activision Blizzard because the deal will give allow Microsoft to dominate the gaming market and they can make games by Activision exclusive to Xbox only which will be a huge blow to the community.
Although Microsoft has denied it doing anything of the sort, the company further will present its opening arguments in court today that they have lost the ‘console wars‘. The document says,
“Xbox and Activision Both Face Intense Competition.
Xbox has lost the console wars, and its rivals are positioned to continue to dominate, including by leveraging exclusive content. Xbox has consistently ranked third in consoles behind PlayStation and Nintendo.”
Although it is a bold opening argument strategy, it is still unsure if this approach would work in the favor of Microsoft or not.
Fans react to Microsoft accepting defeat in the console wars
The Console gamers reacted to Xbox accepting defeat in the console wars and trolled Microsoft. One gamer took to Twitter and explained the reason behind Xbox’s failure is making most of their games exclusive to Xbox only.
However, many gamers also showed their loyalty to the org despite its sale going down every year and their accepting defeat in the console wars.
Many PlayStation gamers also took the opportunity to troll Microsoft and Xbox and hailed PlayStation as the ‘king‘ of consoles.
Microsoft has claimed that the merger deal with Activision is necessary as it would help the organization classify itself as a viable competitor in the market.
According to sources, Microsoft and Activision would try to be done with the trial as soon as possible as both companies will try to close the deal before July 18 which is the designated contractual deadline or Microsoft will allegedly have to pay Activision a $3 billion breakup fee.
Source: The Verge
