In accordance with a brand new report from The Data(paywall), the US Federal Commerce Fee has opened an investigation into Sony’s buy of Bungie, which was introduced earlier this 12 months.
The $3.6 billion deal was introduced on the finish of January this 12 months, making the primary month of 2022 one of many greatest single months for acquisitions within the business, after the Microsoft buy of Activision Blizzard was introduced simply prior.
Whereas Sony’s buy continues to be dwarfed by Microsoft’s, this investigation implies that each offers are actually being checked out by the fee, although this doesn’t precisely imply that both received’t undergo.
Extra importantly, the investigation is an indication that the FTC is paying nearer consideration to the gaming business, as what has grown to be one of many greatest leisure industries continues to consolidate.
In any case, this announcement is barely the start of issues, and it’s unclear as to what this investigation will uncover, and the way it might impact the deal.
Supply – [The Information]