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New Barrier to Microsoft’s Activision Purchase from the UK: Decision Deadline Extended!

  • July 14, 2023
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The historic acquisition of Microsoft – Activision Blizzard worth $68.7 billion is now nearing the end of the road. oppose the purchase US Federal Trade Commission (FTC)was found

New Barrier to Microsoft’s Activision Purchase from the UK: Decision Deadline Extended!

The historic acquisition of Microsoft – Activision Blizzard worth $68.7 billion is now nearing the end of the road. oppose the purchase US Federal Trade Commission (FTC)was found unfair to Microsoft by the court.

With this decision, only one major obstacle remained for Microsoft: the British Competition and Markets Authority (CMA). Like the FTC, the CMA preceded and continues to do so. Today, Another step against buying from CMA came too.

CMA extended the study period by another 6 weeks!

cm microsoft

CMA, which launched an investigation into the purchase last fall, said Microsoft’s “detailed and complex applicationannounced to have extended the duration of the study by an additional 6 weeks due to ”.

With the renewal process in question, the final decision date for the CMA is July 18. Postponed to August 29. However, it was added that the decision will be made as soon as possible.

The UK’s concern is cloud technology, not “quality of games” like the FTC:

CMA delays Microsoft’s acquisition of Activision Blizzard over cloud gaming market concerns. In a statement dated April 26, the organization says that if the deal is done, Microsoft will do the same will have 60% – 80% market share suggested. He also underlined that competition will decrease.

According to the latest news, Microsoft has even begun to consider transferring its cloud gaming business to another company to put CMA’s concerns in check. what will be the result in the coming weeks We will see.

Source: Web Tekno

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