Microsoft's $69 Billion Activision Acquisition Faces UK Watchdog All News Trailers/Videos Gaming Twitch More Xbox 360 PS3 3DS Vita Mobile All News Trailers/Videos Gaming Twitch More Xbox 360 PS3 3DS Vita Mobile BREAKING NEWS Gotham Knights How to Unlock Colorways and Customize Your Suit Modern Warfare 2 Where to Find All Safe Locations How to Get Blueprints in Gotham Knights Modern Warfare 2 How to Earn All Trophies & Achievements Disney Dreamlight Valley: How to Make Peanut Butter Sandwich How to make Kappa Maki in Disney Dreamlight Valley Vampire Survivors: How to Unlock All Stages How to See the Final Fireworks in Vampire Survivors How to Unlock Avatar Infernas in Vampire Survivors How to Unlock and Evolve Song of Mana in Vampire Survivors
Microsoft’ s $69 Billion Activision Acquisition Faces UK Watchdog
Posted By: Omer Dursunon: July 06, 2022In: Gaming, NewsTags: Activision Blizzard, MicrosoftNo Comments Print Email The most important news of the year thus far has been Microsoft’s proposed acquisition of Activision Blizzard, which might cost up to $68.7 billion. On Wednesday, the U.K.’s competition authority launched an inquiry into Microsoft’s acquisition of Activision Blizzard. This investigation marks Europe’s first major antitrust review to examine the $68.7 billion acquisition announced in January. Microsoft and Activision Merger Under Investigation
The U.S. Federal Trade Commission is already reviewing the deal, and now the U.K.’s similar agency will do the same. It was announced that the U.K. Competition and Markets Authority (CMA), an antitrust watchdog similar to the FTC, will start an investigation into Microsoft’s Activision Blizzard takeover. The U.K.’s Competition and Markets Authority stated that its review would examine whether the agreement might undermine competition and result in worse consumer outcomes, such as higher costs, lower quality, or fewer options. The acquisition will significantly impact the $190 billion video game industry because it will give Microsoft ownership of successful franchises such as Call of Duty, Candy Crush, and Warcraft. Microsoft also considers the acquisition will help it in its quest to create a metaverse, a fictitious network of huge virtual worlds. In addition, if the acquisition is successful, Microsoft has emphasized that it will retain Call of Duty on PlayStation. Following the regulator’s announcement, a two-week consultation process will begin, when anyone interested in the deal can submit comments. A “phase one” decision is made on September 1 after closing, but the CMA may delay this deadline if more time is needed. Also, the publisher’s employees are dissatisfied with the CEO, demanding that CEO Bobby Kotick step down. Microsoft previously said Kotick would stay as CEO of Activision until the deal closes. In short, if all goes well, we expect the deal to close by 2023 and for Xbox to embrace new studios, including Activision, Blizzard, and King. Tags: Activision BlizzardMicrosoft Previous FFXIV How to Complete Hildibrand Adventures
Next Square Enix Delays Forspoken to Early 2023
Related Articles
Gotham Knights How to Unlock Colorways and Customize Your Suit
October 23, 2022 Modern Warfare 2 Where to Find All Safe Locations
October 23, 2022 How to Get Blueprints in Gotham Knights
October 23, 2022 Modern Warfare 2 How to Earn All Trophies & Achievements
October 23, 2022 Nerd Stash Hub
RSS 1000+ Subscribers twitter 2634 followers Youtube 0 Subscribers instagram 0 followers Top Reviews
The Walking Dead “ Swear” Review
November 27, 2016 Call of Duty Black Ops Cold War Review – Shifting Tides
November 18, 2020 Star Trek Picard Episode 4 – Absolute Candor Review
February 17, 2020 We Are Chicago Review
February 09, 2017 Shift Happens Review
August 26, 2017 Bartlow’ s Dread Machine Review – Kicking it Old School
October 16, 2020 Popular Sniper Ghost Warrior 3 Delayed
March 06, 2017 Sniper Ghost Warrior 3 Beta Impressions
February 24, 2017 Smash Pro Retires Faces Lifetime Ban After Dating Teen Competitor
July 08, 2019 Spider-Man Homecoming Review
July 11, 2017 Bright Writer Max Landis Accused of Sexual Assault
December 22, 2017 Games Vampire Survivors How to Unlock and Evolve the Gatti Amari
October 22, 2022 Disney Dreamlight Valley How To Feed Ravens
October 22, 2022 How to Make Tekka Maki in Disney Dreamlight Valley
October 22, 2022 Gotham Knights How to craft an Eternal Suit
October 22, 2022 How to Make Apple Sorbet in Disney Dreamlight Valley
October 22, 2022 Comments Javier Navarrete on 23 May in Mass Effect Legendary Edition Update 1 02 Patch Notes
I don't blame you. If it wasn't fixed for the legendary edition, it may never be ... Ben on 18 May in Mass Effect Legendary Edition Update 1 02 Patch Notes
I'm hoping version 1.03 will finally fix Shepard's awful running animation in Ma ... Marie Daniel on 06 Apr in The 10 Best Video Game Heroes
Hi. Thanks for the useful information. ... Dylan R N Crabb on 03 Mar in Boundary a Space-Themed Shooter Lands on Steam This Year
I don't think firearms as we know them on Earth would even be an effective weapo ... Old Hollywood Briar on 26 Jun in Steve Bing Movie Producer And Philanthropist Dies At 55
Steve was a beautiful soul who touched many. He will be greatly missed. ... Follow Us
Featured Articles
Vampire Survivors How to Unlock and Evolve the Gatti Amari Disney Dreamlight Valley How To Feed Ravens How to Make Tekka Maki in Disney Dreamlight Valley Gotham Knights How to craft an Eternal Suit How to Make Apple Sorbet in Disney Dreamlight Valley News In Pics
Facebook
2015-2021 Powered By The Nerd Stash, All Rights Reserved. Desktop Version Mobile Version