FTC opens probe into Sony s acquisition of Bungie

FTC opens probe into Sony s acquisition of Bungie

FTC opens probe into Sony's acquisition of Bungie Eurogamer.net If you click on a link and make a purchase we may receive a small commission. Read our editorial policy. FTC opens probe into Sony's acquisition of Bungie Standing in the way of destiny? News by Victoria Kennedy News reporter Published on 6 May 2022 72 comments The US Federal Trade Commission (FTC) has opened a probe into Sony's recent acquisition of Bungie. In January, Sony announced its plans to buy Destiny maker Bungie for a tidy $3.6bn. And, as has become the norm for deals such as this, the FTC has opened an in-depth investigation into this takeover. Watch on YouTube According to sources (via The Information), this investigation may set the closing date of this deal back by six months, if not more. While we were never given a firm date of when Sony had hoped to have this deal all squared away by on its initial announcement, reports now state that any closure will be happening early next year. But, as noted by The Information, "while the FTC may not be able to block the deal, its decision to review it is the latest example of how aggressive the agency is becoming in reviewing mergers." The FTC has reportedly voiced concerns that Bungie's future games may become Sony platform exclusives. However, this is something the developer itself has previously stated will not happen. "No. We want the worlds we are creating to extend to anywhere people play games. We will continue to be self-published, creatively independent, and we will continue to drive one, unified Bungie community," it wrote in January following the initial aquisition announcement. The FTC is also currently examining the details of Microsoft's proposed $68bn deal to buy Activision Blizzard, after four politicians, including former presidential candidate Bernie Sanders, signed a letter to the Federal Trade Commission alerting it to the issue. Microsoft's deal to buy Activision Blizzard is also expected to be finalised next year. Become a Eurogamer subscriber and get your first month for £1 Get your first month for £1 (normally £3.99) when you buy a Standard Eurogamer subscription. Enjoy ad-free browsing, merch discounts, our monthly letter from the editor, and show your support with a supporter-exclusive comment flair! Support us View supporter archive More News Atari will hold RollerCoaster Tycoon rights for another decade Ups and downs. 7 Lady Dimitrescu will be a tad smaller in Resident Evil Village's Mercenaries DLC Level the playing field. 1 Overwatch 2 suffers another DDoS attack and character roster bugs Mei Mei. 8 Nintendo Switch firmware update lets you take screenshots in the Switch Online app The app on your console, not your phone. 7 Latest Articles Genshin Impact Path of Gleaming Jade dates, login event rewards Including other anniversary rewards and how to claim them. Atari will hold RollerCoaster Tycoon rights for another decade Ups and downs. 7 Jelly Deals Logitech's G Pro X gaming headset is its lowest-ever price during Amazon's Early Access sale Prime Members can get it for just £52. Jelly Deals Save over £500 off the retail price on this beefy ASUS TUF Dash gaming laptop from Amazon Under £1080 for an RTX 3070 laptop. Supporters Only Premium only Off Topic: Take a minute to appreciate Cookin' with Coolio's incredible scallops recipe. What a great book. Premium only Off Topic: Reading City of Glass in comic form "Where exactly am I going?" Premium only Off Topic: Il Buco is a transporting film about a really big hole Underlands. Off-Topic Netflix handled Sandman brilliantly It was Dreamy. 9 Buy things with globes on them And other lovely Eurogamer merch in our official store! Explore our store
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