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After Buying Up Studios, Xbox Says It Doesn't Have The Resources To Run Them (kotaku.com)

submitted 6 months ago by woelkchen@lemmy.world to c/nottheonion@lemmy.world

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[–] SchmidtGenetics@lemmy.world 8 points 6 months ago* (last edited 6 months ago) (1 children)

They have the money to basically buy any studio they want if they could, Nintendo and Sony included.

Their gaming division isn’t a monopoly, but with their parents funding yeah they could be and that’s the problem. They could buy everyone up and leave them selves alone in the market.

[–] woelkchen@lemmy.world 7 points 6 months ago (1 children)

Their gaming division isn’t a monopoly, but with their parents funding yeah they could be and that’s the problem.

I agree it's a problem but without Microsoft being a monopoly in gaming, no watchdog will do anything about it.

[–] SchmidtGenetics@lemmy.world 5 points 6 months ago* (last edited 6 months ago) (1 children)

The FTC was trying to do something. Than Microsoft convinced them they weren’t going to do X if they sold Y, so they let the cloud gaming go, and then immediately did what they said they wouldn’t.

If they didn’t lie to the FTC they would have done something about it than and there.

It’s not a monopoly until it is, and that’s what they are trying to avoid, stuff getting to that point in the first place.

[–] _tezz@lemmy.world 1 points 6 months ago (1 children)

Are you referring to the ABK layoffs? Or something else here?

[–] SchmidtGenetics@lemmy.world 2 points 6 months ago* (last edited 6 months ago) (1 children)

Yes, they let the cloud gaming go so the EU wouldn’t deem them a monopoly, they than told the FTC they weren’t going to lay anyone off. And a month later or so they laid off 2000 employees while using the excuse it was happening anyways regardless of the merger.

What other merger was there you could be confusing this with?

[–] _tezz@lemmy.world 2 points 6 months ago

I wasn't confusing any merger, I was wondering what action specifically you were referring to is all. There were a few different points the FTC was concerned with in that case.