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UK Gives Preliminary Approval to Microsoft’s Acquisition of Activision Blizzard! (The biggest obstacle has been removed)

  • September 22, 2023
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US-based tech giant Microsoft’s Call of Duty series developer Activision Blizzard in an attempt to purchase An important development has occurred in this area. Some time ago it

US-based tech giant Microsoft’s Call of Duty series developer Activision Blizzard in an attempt to purchase An important development has occurred in this area. Some time ago it was stated that this takeover attempt would hinder competition. published by The British Competition and Markets Authority (CMA) has now approved the agreement in question. gave preliminary approval. The institution will make a final decision before October 18. If final approval is given, there will be no hurdle for Microsoft.

According to CMA’s previous statement, Microsoft’s acquisition of Activision Blizzard cloud gaming industry It would prevent and eliminate competition. In response to this report, Microsoft has made a new decision and transferred 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 done so managed to allay concerns They switched.

The critical date is October 6!

According to CMA’s statement, the purchase agreement was still in progress. There are a few minor errors and it was stated that Microsoft was given until October 6, 2023. Microsoft will again try to convince the CMA in this process. However, now that the hard part is over, it is believed that Microsoft will have no problems and will receive approval from the CMA. It will most likely be before Microsoft on October 6, which is a crucial threshold for the final decision. Because there are no more obstacles what we will talk about.

With the UK’s approval, Microsoft’s acquisition of Activision Blizzard is now in its final stages. At the end, $69 billion We’ll talk about closing the deal. It is a matter of curiosity what Sony, which has been making a fuss for months, will say about this. Sony has played all its cards and now There’s nothing left to do let’s say…

Source: Web Tekno

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