The epic with regulators in different countries scrutinizing the deal between Microsoft and Activision Blizzard has been going on for several months, but it seems that resolution is near. The acquisition is nearing approval in one of the main markets for the American platformer.
As noted in the forum reset era, the British Competition and Markets Authority (CMA) will issue a positive ruling on the takeover. The newspaper reports financial times in the overview of appointments for the current week.
“[Microsoft] will also follow Great Britain, where on Wednesday [CMA] has to decide whether to block the tech company’s $69 billion acquisition of games developer Activision Blizzard, but there doesn’t appear to be any show: CMA is expected to back the deal.according to the Financial Times.
Recall that the CMA admitted in its February report that the completion of the deal threatened to weaken competition in the country’s console and cloud gaming market, as Microsoft, among others, pushed Call of Duty into the Xbox -Exclusives might move.
In March, the agency softened its position and came to an interim conclusion that the deal between Microsoft and Activision Blizzard would go through, at least in the UK market for console games “a significant reduction in competition” will not lead.
The CMA still had concerns about the deal’s impact on competition in the cloud, but it appears they have been addressed. Microsoft and Activision Blizzard have indicated their willingness to work with the regulator to address these issues.
Previously, the merger of Microsoft and Activision Blizzard approved in Saudi Arabia, Serbia, Brazil, Chile, Japan and South Africa. Next month, on May 22, the decision to approve or ban the deal is due to be announced by the European Commission.