News Formal

Microsoft-Activision Blizzard £55bn merger approved by EU - despite UK rejection

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

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

The European Commission said it accepted commitments made by the technology giant that it would not decrease competition in cloud gaming, where it already accounts for around 70% of the market.

In response, Activision Blizzard CEO Bobby Kotick, said:"The EC conducted an extremely thorough, deliberate process to gain a comprehensive understanding of gaming.

Sarah Cardell, chief executive of the UK Competition and Markets Authority, said:"The UK, US and European competition authorities are unanimous that this merger would harm competition in cloud gaming. The CMA concluded that cloud gaming needs to continue as a free, competitive market to drive innovation and choice in this rapidly evolving sector.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 35. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

The European Commission has cleared Microsoft’s acquisition of Activision Blizzard | VGCThe European Commission has cleared Microsoft’s acquisition of Activision Blizzard.
Källa: VGC_News - 🏆 125. / 51 Läs mer »

Microsoft's Activision Blizzard acquisition approved by European regulatorsThe European Commission has approved Microsoft's acquisition of Activision Blizzard just weeks after the deal was blocked by regulators in the UK.
Källa: TrueAchievement - 🏆 31. / 68 Läs mer »

EU approves Microsoft's $68.7 billion acquisition of Activision BlizzardThe EU Commission has approved Microsoft's proposed acquisition of Activision Blizzard.
Källa: pcgamer - 🏆 38. / 67 Läs mer »

EU clears Microsoft-Activision deal despite UK’s decision to block acquisition\n\t\t\tExclusive scoops\n\t\t\tSmart data to help spot risk and opportunity\n\t\t\tAnalysis of broader trends in M&A\n\t\t\tLex, our agenda-setting business commentary (Premium only)\n\t\t\tDue Diligence, an exclusive M&A newsletter (Premium only)\n\t\t
Källa: FT - 🏆 113. / 51 Läs mer »