Britain clears Microsoft’s US$69-billion acquisition of Activision Blizzard

on Friday after it forced the Xbox owner to sell the steaming rights to games including “Call of Duty” to address its competition concerns.

The deal was the biggest test of the CMA’s global power to take on the tech giants since Britain left the European Union. The CMA said Microsoft’s concession on streaming was a “gamechanger”, adding that it was the only competition agency globally to have delivered this outcome. “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,” it said in a statement.

The CMA’s block in April drew fury from the merging parties, with Microsoft saying that Britain was closed for business. She said the CMA took its decisions “free from political influence” and it would not be “swayed by corporate lobbying”.

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UK antitrust regulator clears Microsoft's acquisition of ActivisionExplore stories from Atlantic Canada.
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UK antitrust regulator clears Microsoft's acquisition of ActivisionActivision had in August agreed to sell its streaming rights to Ubisoft Entertainment, and Microsoft last month offered remedies to ensure the terms of the...
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