Rising Trade Tensions: Canada Prepares Response to U.S. Tariff Threats
January 16, 2025: Canada is bracing for a potential trade conflict with the United States as President-elect Donald Trump threatens to impose a 25% tariff
December 13, 2022: On Tuesday, Microsoft’s head of gaming, Phil Spencer, said that the company has “stabbed a 10-year commitment” to bring the hit game Call of Duty to Nintendo after the closure of the Activision Blizzard acquisition as the U.S. tech firm looks to soothe regulators and rivals’ antitrust fears.
It is still being stated whether this commitment is binding or whether Nintendo signed it in any way.
Spencer added that Microsoft has “committed” to offer Call of Duty on the game distribution platform Steam simultaneously to Xbox after the deal’s close.
On Monday, the announcements came following Microsoft President Brad Smith said that the company had offered Sony a 10-year contract to make each recent release of Call of Duty available on Sony’s PlayStation console at a similar to the Xbox.
Microsoft’s blitz of commitments nearly Call of Duty, one of the most popular gaming franchises, comes as regulators and rivals amp up scrutiny of the firm’s $69 billion takeover of Activision, which was proposed. Activision is the developer for Call of Duty.
European Union and U.K. regulators are opening antitrust probes into the merger to determine whether the deal would hurt competition. The EU stated Microsoft might block get access to games like Call of Duty for rivals.
Microsoft has looked to ease fears through its commitments around Call of Duty. The Redmond-headquartered firm argues the Activision takeover will be suitable for gamers and increase competition in the industry.
Microsoft is looking to catch up with rival Sony and the success of its PlayStation 5 console. One of Microsoft’s most significant issues is the lack of first-party games, which Sony has invested heavily in. A robust list of games is accommodating for console sales.
The company is examining bolstering its cloud gaming offering, where users can effectively stream games without purchasing them individually. Completing the Activision deal would help Microsoft increase its catalogue of fun for the service.
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January 16, 2025: Canada is bracing for a potential trade conflict with the United States as President-elect Donald Trump threatens to impose a 25% tariff
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Edison International’s stock price significantly declined on Wednesday, with shares experiencing a precipitous 10% drop.