Microsoft: CMA thumbs up for Activision acquisition
(CercleFinance.com) - The UK's CMA has given approved Microsoft's takeover of Activision Blizzard, following the agreement in August whereby the French software publisher Ubisoft was granted cloud streaming rights for Activision's flagship game, Call of Duty.
The UK's Competition and Markets Authority has ruled that this concession will help maintain competitive prices and better services in the video game market, despite the merger between Microsoft and Activision.
For infomation, authorisation in the UK was the final condition required for this operation, estimated at $70bn. The reluctance of the CMA delayed this merger's completion, which was initially scheduled for the summer.
Copyright (c) 2023 CercleFinance.com. All rights reserved.
The UK's Competition and Markets Authority has ruled that this concession will help maintain competitive prices and better services in the video game market, despite the merger between Microsoft and Activision.
For infomation, authorisation in the UK was the final condition required for this operation, estimated at $70bn. The reluctance of the CMA delayed this merger's completion, which was initially scheduled for the summer.
Copyright (c) 2023 CercleFinance.com. All rights reserved.