The UK’s Competition Markets Authority (CMA) has given the go-ahead for Microsoft’s acquisition of Activision Blizzard, accepting the tech giant’s modified deal and how it addresses concerns over cloud gaming competition. Microsoft could complete the deal within the next few days.
United Kingdom regulator clears Microsoft’s proposed acquisition of Activision Blizzard
13.10.2023 - 09:21 / gematsu.com
United Kingdom antitrust regulator Competition and Markets Authority has approved Microsoft’s proposed acquisition of Activision Blizzard after previously blocking the deal in April.
In its original investigation, Competition and Markets Authority found Microsoft already held a strong position in relation to cloud gaming and blocked the deal. By selling Activision Blizzard’s cloud streaming rights to Ubisoft, the distribution of “important, popular content” such as Call of Duty and Overwatch will not be under Microsoft’s control when it comes to cloud gaming.
Here is the regular’s full explanation of its decision to clear the deal:
With Competition and Markets Authority’s approval, Microsoft now has all regulatory approvals necessary to officially complete the acquisition.
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