news\ Aug 26, 2014 at 10:00 pm

Google failed to acquire Twitch due to antitrust concerns – Report


The dust has yet to settle around Amazon’s $970 million purchase of streaming forerunner Twitch, but Google’s $1 billion offer has received new details explaining why it fell through.

As Forbes reports, sources close to the matter have said that Google couldn’t close due to potential antitrust issues between itself and Twitch. This stems from the rivalry between Google-owned YouTube and Twitch, which compete for viewership on gaming content more fiercely than any other content.

In the end, this led to discrepancies regarding the breakup fee Twitch would be paid if the deal couldn’t be sealed and the company wasn’t acquired. No further details have been given at this time.

[Forbes via GamesIndustry

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