Another country approves the largest commercial deal in history: another quarter for Microsoft to acquire Activision…
May 30, 2023
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Microsoft’s acquisition of Activision Blizzard, which would be the largest commercial deal in history if approved, received another green light today. South Korea’s Fair Trade Commission has approved
Microsoft’s acquisition of Activision Blizzard, which would be the largest commercial deal in history if approved, received another green light today. South Korea’s Fair Trade Commission has approved the $68.7 billion acquisition of Microsoft.
With South Korea’s decision, the number of countries that approved the purchase reached 38. For European Union and countries such as China and Brazil Although the UK approved the purchase, the United Kingdom did not approve the purchase as it would harm competition.
The status of the purchase in the US is also unclear:
While the purchase was approved by a large majority worldwide, Microsoft’s home country of the US shared a statement supporting Sony’s competition concerns. In the report shared in recent months, the Department of Commerce states that after the purchase Even the quality of the games can decrease. had suggested.
On the other hand, the players in the US started against Microsoft.prevent purchaseHis request was also rejected by the court. The court ruled that there was no basis for reasoning that the players would be “damaged” if the purchase took place.
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