Take-Two Interactive CEO Strauss Zelnick has shared that he supports the proposed acquisition of Activision Blizzard by Microsoft.<\/p>
Zelnick also believes that more consolidation between companies will occur in the game industry in the future, but that games will be able to differentiate themselves through their own uniqueness<\/a>. Following the reveal of the proposed Activision Blizzard acquisition earlier this year, Microsoft rival Sony acquired Destiny 2 <\/em>maker Bungie in a deal that it claimed did not come about in response to the Xbox creator’s announcement.<\/p>
Zelnick’s statements come alongside the revelation of concerns<\/a> about the potential acquisition’s effects on markets and fair competition worldwide, courtesy of the U.K. Competition and Markets Authority. Following an initial investigation, the CMA released a document outlining numerous concerns with the deal, including the decreased ability of competitors to keep up with Microsoft’s huge back catalog of IPs. Microsoft quickly responded<\/a> with a list of ways that it is the underdog next to Sony and other companies, calling the government body’s concerns “misplaced.”<\/p>","protected":false},"excerpt":{"rendered":"
