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Microsoft’s two arraignments before the FTC are making some amazing headlines. The Xbox staff is these days defending under oath Activision Blizzard’s purchase operation before the last bastion that remains standing trying to block it in favor of Sony, because clearly, it is demonstrating that it is not for consumers.
He stupor It appears on the faces of Microsoft insiders every time the FTC lawyer “attacks” with twisted questions and yesterday, during Phil Spencer’s shift, the executive showed his face by answering without hot cloths. And it is that he did not cut a hair when making public confessions like that Sony keeps 30 percent of the revenue Microsoft earns on its platform and who use those profits to try to reduce Xbox survivability in the market, or that they wanted the exclusivity of Starfield, which motivated Microsoft to buy Bethesda via ZeniMax Media.
Xbox boss had to explain how an acquisition works
Incredible but true. Phil Spencer has had to correct the FTC and explain how acquisitions and payments for exclusives work. Spencer mentioned that Xbox does not want to pay companies to remove PlayStation from the market, to which the FTC responded: “But they’re going to spend $70 billion on Activision, right?» and this was the manager’s counter:
No, when you buy something you are not spending, it is like when you buy a house. You are buying an asset that has value, so this transaction is really a transfer of cash into an asset called Activision, which holds the value you purchased it for. So treating the $70 billion as something spent is incorrect.
From a financial standpoint, you’re actually transferring $70 billion in cash to an asset, in this case a video game publisher, which is actually worth over $70 billion to us, so they have not been spent, they have been invested.
Sony wanted Starfield exclusivity, which motivated Microsoft to buy Bethesda
we are xbox.com
With this argument, Phil Spencer has shot down the innuendo that Microsoft plans to remove PlayStation from the equation, something that has been proven before the jury. Sony consoles will continue to receive Activision titles, as this acquisition is focused on other markets and business areas of Microsoft Gaming that go beyond the navel of the Japanese company.