FTC Turns Sights To Probe Sony’s Bungie Acquisition – IGN Daily Fix

IGN published this video item, entitled “FTC Turns Sights To Probe Sony’s Bungie Acquisition – IGN Daily Fix” – below is their description.

On today’s IGN The Fix: Games, The Federal Trade Commission is reportedly opening an inquiry into Sony’s planned acquisition of Bungie, marking a notable ramp-up in federal oversight of gaming mergers during a period of major industry consolidation. The FTC was similarly investigating the planned acquisition of Activision Blizzard by Microsoft to determine whether it would harm consumers, partners, or competitors. The Legend of Zelda: Ocarina of Time has officially been inducted into the World Video Game Hall of Fame alongside Ms. Pac-Man, Dance Dance Revolution, and Sid Meier’s Civilization. These games join 32 others that have been inducted since the World Video Game Hall of Fame began at New York’s The Strong National Museum of Play in 2015. A 24k Golden Wii is being auctioned off by a Dutch console collector. Initially a gift from THQ to promote the Big Family Games mini-game collection, before THQ went bankrupt in 2009 after spending too much money on idiotic marketing stunts, the asking price for the Queen Golden Wii is $300,000 – the highest bid being two grand.

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The company is located in San Francisco’s SOMA district and is headed by its former editor-in-chief, Peer Schneider.

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