The CMA may have approved the Xbox Activision deal, but it warns other companies not to try and repeat Microsoft’s tactics.
Like it or loathe it, this acquisition is happening Just as everyone expected, UK regulator the Competition and Markets Authority has formally approved Microsoft’s acquisition of Activision Blizzard. Admittedly, the deal still hasn’t been finalised yet but now there’s nothing stopping it before Microsoft and Activision’s deadline of October 18, which is this coming Wednesday.
We take our decisions free from political influence and we won’t be swayed by corporate lobbying,’ adds Cardell. Regardless, Microsoft is obviously thrilled with the result. A statement from the company’s vice chair and president Brad Smith reads, ‘We’re grateful for the CMA’s thorough review and decision today. We have now crossed the final regulatory hurdle to close this acquisition, which we believe will benefit players and the gaming industry worldwide.
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