UK competition watchdog clears Microsoft’s acquisition of Activision

  • 📰 IrishTimes
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 98%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Deal worth $69bn is the largest in gaming history

Microsoft announced the biggest gaming deal in history in early 2022, but the $69 billion acquisition was blocked in April by Britain’s competition regulator. Photograph: Justin Lane/ShutterstockBritain’s competition regulator on Friday cleared Microsoft’s acquisition of Call of Duty maker Activision Blizzard after the restructured deal substantially addressed its earlier concerns.

"The new deal will stop Microsoft from locking up competition in cloud gaming as this market takes off, preserving competitive prices and services for UK cloud gaming customers," the UK's Competition and Markets Authority said in a statement. Disputes among national watchdogs over Big Tech fines are ‘no problem’ - Europe’s chief data regulator

 

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

 /  🏆 3. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines