Microsoft Acquisition Of Activision Hits Snag In The UK

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Microsoft Acquisition Of ActivisionBlizzard Hits Snag In The UK

Microsoft is reportedly being dogged by the UK’s Competition and Markets Authority over its acquisition of the video game studio, Activision Blizzard. According to the British government regulatory body, it says that it wishes to determine if the deal made between the two household names would create a “substantial lessening of competition, should the deal go through in the country.

The CMA hopes that through its investigation that it can come to a determination come to a decision on whether or not to initiate a probe into the Microsoft and Activision merger. To that end, the Crown has set the date for the public to come forth and submit their content by 20 July. If you’ve been living under a rock for the last several months, here’s the deal: Back in January, Microsoftthe acquire Activision Blizzard for a very handsome sum of US$68.7 billion . Through the acquisition, the company from Redmond would also gain access to several other well established video game IPs, including Call of Duty, Overwatch, Warcraft, and Diablo, to name a few.Now, Microsoft had clearly anticipated that its decision to absorb Activision and its IPs wasn’t going to go down well.

 

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