Microsoft and Activison Blizzard Merge May Be Delayed!

The UK Competition Authority (CMA) has announced that it wants to examine the Microsoft and Activision Blizzard agreement, which was announced in the past months, in depth. This reveals that the investigation may delay the completion of the acquisition due to concerns that it may reduce competition in the country.

technology company Microsoftthe gaming giant with an astronomical fee of $ 68.7 billion in the past months Activision Blizzard announced that it will buy This development, which shows that Microsoft will be one of the largest game companies, also revealed that Blizzard games will come to Game Pass with the agreement expected to be completed in 2023.

However, new news from the UK revealed that the merger of Microsoft and Activision Blizzard may not happen as quickly as desired. UK Competition Authority (CMA)announced that it would like to examine the acquisition in depth. The regulator also expressed concern about the merger of the two companies last July.

Regulators worried that Microsoft & Activision Blizzard merger could reduce competition

CMA states that Microsoft’s acquisition of Activision can reduce competition is worried about. The institution initially signaled that it could launch an in-depth investigation on September 1, giving Microsoft until September 8 to address concerns. But it turns out that the giant company didn’t do that, so the regulator wanted to expand its investigation.

CMA, in this investigation, the purchase; game consoles, digital stores, cloud games, subscription services, etc. will investigate whether it reduces competition. Investigations will continue until March 1, 2023. We can say that the approval of the institution is very important for the merger. Completing the $68.7 billion deal requires approval from different countries as Microsoft and Activison Blizzard are international companies.

RELATED NEWS

System Requirements and Details of Call of Duty Modern Warfare 2 Announced: Wait Ghost Us

One of the leading game Sony He was also worried about the consequences of the merger. PlayStation owned company, popular game series of Call of Duty He was worried that it would become exclusive to Microsoft. However, Xbox President Phil Spencer stated that this will not happen, they will continue to keep the game on PlayStation. Spencer added that they are ready to work with the CMA.

The CMA’s investigation will not hinder the deal, only to happen a little later and let’s stress that it could cause Microsoft to compromise. We’ll see what happens with the deal in the coming days.

Source :
https://www.engadget.com/microsoft-activision-blizzard-acquisition-uk-cma-investigation-172957902.html?src=rss


source site-39