News Formal

Microsoft and UK regulators agree to pause legal fight to negotiate Activision acquisition | Engadget

  • 📰 engadget
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 63%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Microsoft and UK regulators agree to pause legal fight to negotiate Activision acquisition

to buy Activision Blizzard at the end of April. At the time, the regulator argued the deal would harm the nascent cloud-gaming market by creating a monopoly player in Microsoft. It added, if the acquisition were to move forward as planned, Microsoft would have an"incentive to withhold [Activision Blizzard] games from competitors and substantially weaken competition in this important growing market.

" Microsoft had planned to challenge the decision, with a preliminary hearing before the Competition Appeal Tribunal , the body that hears appeals on CMA decisions, set for July 28th.

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:

 /  🏆 276. in ZA
 

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

South Africa South Africa Latest News, South Africa South Africa 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 moves ahead as judge rejects FTC injunction request | EngadgetA judge has rejected the Federal Trade Commission's attempt to block Microsoft from buying Activision Blizzard for $68.7 billion.
Source: engadget - 🏆 276. / 63 Read more »