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Activision Blizzard - 1 Candy - 1 Overwatch — - 1 Brad Smith - 1 Bobby Kotick - 1 Joshua Chapman - 1 ” - 1 Sarah Cardell - 1
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4 mentions found


☆ Microsoft Clears Last Hurdle to Buying Call of Duty Maker Activision in $69 Billion Deal
  + stars: | 2023-10-13 | by ( Associated Press | Oct. | At A.M. | ) www.usnews.com   time to read: +5 min
Plus, it will be “productive for the gaming industry as a whole and healthy for competition in the gaming market,” he said. In the meantime, the U.K. regulator was the last major obstacle to the transaction going through. British regulators had initially blocked the transaction over concerns Microsoft could withhold Activision titles from the cloud gaming market. One factor was the EU’s approval, granted after Microsoft promised to automatically license Activision titles royalty-free to cloud gaming platforms. But the CMA's flip-flopping makes the U.K. regulator look “weak and indecisive,” he said.
Persons: Activision Blizzard, Candy, Overwatch —, Brad Smith, Bobby Kotick, Joshua Chapman, ”, Sarah Cardell, Max von Thun, ” von Thun, Matt O’Brien Organizations: —, Activision, Markets, Microsoft, Xbox, Union, Sony, U.S . Federal Trade Commission, FTC, Ubisoft Entertainment, U.K, PlayStation, European Commission, Open Markets, CMA, AP Locations: Konvoy, U.K, Europe, Providence , Rhode Island
☆ Euribor revamp aims to attract wider pool of banks
  + stars: | 2023-10-11 | by ( Marc Jones Huw Jones | Marc Jones | Huw Jones | ) www.reuters.com   time to read: +3 min
Trillions of euros of financial products, from mortgages to car loans, remain pegged to the Euro Interbank Offered Rate as Euribor is officially known. The move to revamp Euribor aims to reduce the burden on institutions that do provide input by using a standardised approach. Having the broadest possible geographical spread of banks in Euribor's panel is seen as the best way to have a full picture of euro-denominated lending costs. Schirmann highlighted that countries with active bank-to-bank lending markets such as Finland, Ireland and Greece currently had no banks on Euribor's panel. Cutting the need for banks to provide bespoke so called "Level 3" estimates should also "significantly diminish" the time and costs involved for banks.
Persons: Dado Ruvic, Libor, Jean, Louis Schirmann, Schirmann, EMMI, Marc Jones, Mark Potter Organizations: REUTERS, Federal Reserve, European Central Bank, Bank of England, Money Markets, Reuters, Deutsche Bank, Thomson Locations: Euribor's Brussels, Euribor's, Finland, Ireland, Greece
☆ Authors and Booksellers Urge Justice Dept. to Investigate Amazon
  + stars: | 2023-08-16 | by ( Alexandra Alter | More About Alexandra Alter | ) www.nytimes.com   time to read: +2 min
appears to be closing in on its decision to bring an antitrust case against Amazon. Amazon representatives are expected to meet this week with members of the commission to discuss the possible suit, a sign that legal action may be imminent. Even as books have become a smaller slice of the company, Amazon has become an overwhelming force in the book market. It accounts for at least 40 percent of physical books sold in the U.S., and more than 80 percent of e-books sold, according to an analysis released by WordsRated, a research data and analytics group. With its purchase of Audible in 2008, Amazon has also become one of the largest audiobook producers and retailers.
Persons: Lina Khan, Jonathan Kanter, It’s, Mayer, WordsRated, beholden Organizations: Federal Trade Commission, Department’s Antitrust, Amazon, Metro, Goldwyn, Markets Institute Locations: U.S, United States
☆ Bernie Sanders and Elizabeth Warren blast the $25 billion merger between grocers Kroger and Albertsons, one calling it an 'absolute disaster' for consumers
  + stars: | 2022-10-14 | by ( Avery Hartmans | ) www.businessinsider.com   time to read: +3 min
Senators Bernie Sanders and Elizabeth Warren blasted the Kroger-Albertsons merger. Sanders called it "an absolute disaster" for consumers that would result in higher grocery costs. The grocery store chains announced Friday that they've entered into a merger agreement that values the combined company at about $24.6 billion. "That's good for small businesses, it's good for consumers, and it actually, in many cases, reduces the need for regulatory oversight. And without local competition offering lower prices, consumers are stuck with nowhere else to stop.
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