Concerns Over Microsoft's Activision Blizzard Acquisition Lightened By UK CMA

The Microsoft purchase of Activision Blizzard has seen its roadblocks as the situation was brought to regulators concerned over a monopoly in the business, causing a substantial cut on competition in the video game business. The Xbox brand has gained a meaningful victory in the deal going forward with the development of recent news. According to CNBC, the United Kingdom CMA, after overlooking the details, has found no evidence that the tech giant's merger with the Activision Blizzard will cause any heavy repercussions.

“Having considered the additional evidence provided, we have now provisionally concluded that the merger will not result in a substantial lessening of competition in console gaming services because the cost to Microsoft of withholding Call of Duty from PlayStation would outweigh any gains from taking such action," spoke the head of the independent panel of experts holding the CMA investigation Martin Coleman. “Our provisional view that this deal raises concerns in the cloud gaming market is not affected by today’s announcement. Our investigation remains on course for completion by the end of April.”

There's still a way to go before the conclusion of the investigation, but it's a considerable step forward in finalizing the sale. Sony, the biggest opponent of Microsoft's purchase, attempted to stonewall the deal, at best, insulting a ten-year deal that would keep Activision's flagship franchise, Ca.... Microsoft spoke of its intent to keep the juggernaut first-person shooter series on multiple platforms, as shown by entering a decade-long binding agreement with Nintendo to bring Call of Duty to its systems, a deal meaning more for the next generation hardware Nintendo manufactures.  

With Microsoft's transparency regarding their intentions with this deal for now, the growing confidence around the trade commissions and international partners is apparent, and on Friday, Activision's shares saw a jump of 7% in the stock market. The Microsoft brand, likely due to a rather dry year of game exclusives, took a mild decline. One of its headliners, the Bethesda developed Starfield, saw a release date pushed back to September

SOURCE: CNBC

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