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Microsoft's Activision Blizzard bid provisionally approved by UK regulator (www.eurogamer.net)

submitted 1 year ago by Emperor to c/unitedkingdom

5 comments fedilink hide all child comments

In a positive development for Microsoft, the UK's Competition and Markets Authority (CMA) has "provisionally concluded" the company's revised deal to purchase Activision Blizzard will be enough to grant approval.

Back in April, the CMA made the shock decision to block Microsoft's proposed deal to acquire the Call of Duty maker. At this time, the regulatory body cited concerns relating to the cloud gaming sector, stating that the deal risked "stifling competition in this growing market".

In August, Microsoft submitted a revised proposal in a bid to appease the regulator, saying it would now sell the streaming rights for all Activision Blizzard games released in the next 15 years to Ubisoft should the new deal be accepted.

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[–] byroon@lemmy.world 1 points 1 year ago (1 children)

Microsoft and Activision Blizzard are both American companies so what standing does the UK's CMA have to block this? The article doesn't mention it at all

[–] mackwinston 1 points 1 year ago

They both do significant business in the UK. To continue doing business in the UK, they must abide with UK competition laws.