Microsoft's £50.5bn acquisition of Call of Duty firm to be scrutinised by UK watchdog

  • 📰 SkyNews
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 67%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

The all-cash takeover would give the Xbox maker a leap into the mobile gaming sphere and 'play a key role in the development of metaverse platforms', according to Microsoft boss Satya Nadella

The Competition and Markets Authority said it will be engaging with its counterparts around the world"as appropriate" and will aim to issue a decision in its Phase 1 investigation after 40 working days, or 1 September.

At the end of the Phase 1 investigation the CMA will have decided whether the merger might harm competition - if this is the case then it will have to launch an in-depth Phase 2 assessment.Microsoft said that Activision CEO Bobby Kotick - who had even faced calls to quit from staff over his handling of the claims - would continue in the role.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

I doubt it. CoD is crap these days

Cod is shite now and has been for 4 or 5 yrs.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 35. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Microsoft’s Activision acquisition is being investigated by the UK’s competition watchdog | VGCMicrosoft‘s planned acquisition of Activision Blizzard is being investigated by the UK’s competition regulator But they won't be able to block it this is normal
Source: VGC_News - 🏆 125. / 51 Read more »