Japanese Antimonopoly Service specified on Tuesday that he does not expect Microsoft Corp’s acquisition of Activision Blizzard to weaken competition in the country’s console and cloud gaming market. This is another step toward closing the $69 billion deal.
The Japan Fair Trade Commission has informed both companies that it will not issue a cease and desist order and that it has completed its review of the matter.
Recall that the British Competition and Markets Authority (CMA) noted last week that the deal between Microsoft and Activision will not lead to Blizzard “a significant reduction in competition” in the UK console games market and adds that he continues to assess the potential impact of the merger on the cloud games market. As expected, UK regulators will issue final conclusions on this transaction by April 26th.
The largest takeover in the history of the gaming industry is still subject to regulatory reviews in the US and Europe, without whose approval the transaction will not go ahead. There’s not that much time left until June 30 – the date the transaction is scheduled to close.