Pre-Approval for Activision from the UK to Microsoft!

The UK Competition and Markets Authority (CMA) has given preliminary approval to Microsoft’s acquisition of Activision Blizzard. With the announcement of the final decision, Microsoft’s $69 billion agreement will come to an end.

US-based technology giant Microsoft’s Call of Duty series developer Activision Blizzard in an attempt to purchase There has been an important development regarding this matter. A statement was made a while ago stating that this acquisition attempt would hinder competition. published by The UK Competition and Markets Authority (CMA) has now agreed to the agreement in question. gave preliminary approval. The institution will make its final decision before October 18. If final approval is given, there will be no obstacle for Microsoft.

According to CMA’s previous statement, Microsoft’s acquisition of Activision Blizzard cloud gaming industry It would prevent and eliminate competition. Microsoft made a new decision upon this notification and gave the cloud gaming rights of Activision Blizzard games to Ubisoft. transferred. This move convinced the British officials. In their statements on the subject, CMA officials stated that Microsoft had managed to alleviate concerns They transferred.

The critical date is October 6!

In the statement made by CMA, the purchase agreement was still in progress. There are a few minor glitches and it was stated that Microsoft was given until October 6, 2023. Microsoft will try once again to convince the CMA in this process. However, since the most difficult part is over, it is believed that Microsoft will not have any difficulty and will receive approval from the CMA. It will most likely be ahead of Microsoft on October 6, which is a critical threshold for the final decision. Since there are no obstacles left we will be talking about.

RELATED NEWS

The Biggest Obstacle in the USA to Microsoft’s Activision Acquisition Has Been Removed! (Now)

With the approval from the United Kingdom, Microsoft’s acquisition of Activision Blizzard will now be in the final stage. At the end, 69 billion dollars We will talk about the conclusion of the agreement. It’s a matter of curiosity what Sony, which has been making a fuss for months, will say to this. Sony has played all its cards and now There’s nothing left to do let’s say…

Source :
https://www.theverge.com/2023/9/22/23885176/microsofts-activision-blizzard-uk-cma-preliminary-approval


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