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Sony Under FTC Investigation Over Bungie Purchase

The United States Federal Trade Commission (FTC) has reportedly opened an investigation into Sony’s proposal to acquire Bungiedeveloper of early Halo installments and best known for $3.6 billion Destiny.

This would not be the first known case, since recently the FTC, in collaboration with the United States Department of Justice (DOJ), also launched an investigation into Microsoft’s acquisition of Activision Blizzard. And it is that since the President of the United States appointed a new Commerce Commission Chairman in March 2021, the FTC has adopted a more aggressive approach in their investigations.

Sony PlayStation x Bungie

“This investigation initiated by the FTC and the DOJ is designed to ensure that our merger guidelines accurately reflect the realities of the modern marketplace and enable us to aggressively enforce the law against illegal agreements. Illegal mergers can inflict a lot of higher and lower wage prices to diminished opportunity, reduced innovation and less resilience,” said Assistant Attorney General Jonathan Kanter of the Justice Department’s Antitrust Division.

“Our country relies on competition to drive progress, innovation and prosperity. We need to understand why there are so many industries that have very few competitors.”

The FTC investigation may not have a significant impact on Sony’s deal with Bungie, but it does reflect growing concern over potential antitrust issues at a time of increasing consolidation in the gaming industry. video. Given this, Sony stated that the main reason for buying Bungie was help it develop in other mediaremaining this one as a “independent franchisee” from the Playstation company.

In this way, Bungie has confirmed that future releases from its studio they will not be exclusive to Playstationbut will continue to reach the rest of the platforms.

via: VGC

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