FTC Voices Concerns About Xbox Game Pass Price Changes Amid Activision Acquisition Fallout
FTC's Reaction to Xbox Game Pass Price Increase
Microsoft has recently announced a price increase for its Xbox Game Pass service, which has drawn criticism from the Federal Trade Commission (FTC). According to the FTC, this change exemplifies the "exactly the sort of consumer harm" they were concerned about prior to the approval of Microsoft's acquisition of Activision. In a letter addressed to the US Appeals Court, the agency expressed its concerns over how such price hikes can impact consumers.
Key Points of Concern
- Consumer Harm: The FTC believes the price increase may adversely affect Xbox Game Pass subscribers.
- Impact of Acquisitions: The agency is scrutinizing how large acquisitions influence market practices.
- Regulatory Oversight: The letter highlights the FTC's role in monitoring corporate behavior post-merger.
Conclusion
As major corporations like Microsoft continue to reshape the gaming landscape through acquisitions, regulatory bodies like the FTC remain vigilant. The concerns raised about the Xbox Game Pass pricing reflect a broader dialogue about consumer rights and corporate responsibility in the tech industry.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.