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Home Life

UK Competition and Markets Authority officially approves Microsoft's acquisition of Activision Blizzard
But the FTC still plans to block Microsoft's deal

Author: Mash Yang
2023-10-13
in Life
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After Microsoft recently announced that it would transfer the cloud streaming game distribution rights in the UK to Ubisoft, the UK Competition and Markets Authority (CMA) finallyOfficially approvedMicrosoft's acquisition of Activision Blizzard for $687 billion.

UK Competition and Markets Authority officially approves Microsoft's acquisition of Activision Blizzard

According to the UK Competition and Markets Authority, it believes that Microsoft's transfer of cloud streaming game distribution rights to Ubisoft will promote the positive development of the game market and prevent the formation of a market monopoly.

After the UK Competition and Markets Authority officially approved the deal, Microsoft is almost certain to successfully complete its acquisition of Activision Blizzard. After completing the acquisition of Activision Blizzard, Microsoft will become the world's third-largest gaming company, behind Tencent, the current largest, and Sony, which ranks second.

Although the US Federal Trade Commission recently expressed dissatisfaction with Microsoft's deal and filed a lawsuit against Microsoft, the court later ruled that the deal did not constitute a market monopoly. Although the US Federal Trade Commission still disagrees with the ruling, it is clear that it is unlikely to stop the acquisition before the final closing date.

However, the Federal Trade CommissionStill trying to block Microsoft's dealEven if it may not be possible to completely prevent Microsoft from completing the acquisition of Activision Blizzard, it is still possible that based on concerns such as market monopoly, Microsoft must be required to split part or all of Activision Blizzard's business.

Tags: Activision BlizzardcmaFTCMicrosoftActivision BlizzardMicrosoftFederal Trade CommissionUK Competition and Markets Authority
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Mash Yang

Mash Yang

Founder and editor of mashdigi.com, and student of technology journalism.

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