The European Game Developers Federation (EGDF) came out in support of the deal between Microsoft and Activision Blizzard
While regulators in the U.S. and the European Union are examining the potential implications of the deal between Microsoft and Activision Blizzard for the gaming industry, Phil Spencer and Bobby Kotick have a valuable ally.
Here's What We Know
The European Game Developers Federation (EGDF) released a statement (but not yet in the public domain) saying that the organization supports a merger between Microsoft and Activision Blizzard and believes that the positive impact on competition in the game market outweighs the likely negative consequences.
EGDF believes that the acquisition of Activision Blizzard will help Microsoft increase its influence in the console and mobile gaming markets, as well as in the cloud gaming segment.
Despite its support for the deal, EGDF acknowledges that Microsoft could break promises and run an unfair business, so it insists that all aspects of the merger need to be thoroughly vetted.
Go Deeper:
- European Commission to send Microsoft formal objections and justify concerns over Activision Blizzard deal
- Google and Nvidia have expressed concerns about the deal between Microsoft and Activision Blizzard
- The UK Competition and Markets Authority's verdict on the Microsoft and Activision Blizzard merger will be heard at the end of April
- 75% of UK users approve of the deal between Microsoft and Activision.