Sony’s decision not to support the deal between Microsoft and Activision has led to a significant drop in the company’s shares by 2.7%. Sony expresses concerns about Microsoft gaining excessive market power and control over the highly profitable Call of Duty franchise.
However, the court ruling favored Microsoft, stating that the Federal Trade Commission failed to prove anticompetitive behavior. Additionally, Sony is also facing a massive lawsuit of £5 billion related to high licensing fees charged to third-party game developers. All these factors have a significant impact on the gaming industry.
