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Its full verdict is due by the end of April. The regulator noted that its change in stance related only to consoles, and that it still had concerns about the deal’s effect on the cloud gaming market.
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In an update to its provisional findings, the CMA said, “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.” The CMA said that its updated view was that making Call of Duty exclusive to Xbox would be “significantly loss-making” and that “Microsoft will instead still have the incentive to continue to make the game available on PlayStation.” The Competition and Markets Authority said March 24 that new data analysis indicated that making Call of Duty exclusive to Xbox would not be in Microsoft’s interest. regulator - previously thought to be the most likely to block the acquisition on anticompetitive grounds - has indicated it is setting aside some of its main concerns, specifically around Call of Duty. In what could be a decisive tipping point for Microsoft’s chances of completing its deal, the U.K. Here’s a list of all the countries that have approved Microsoft’s acquisition of Activision Blizzard so far:īig boost to deal’s chances as UK regulator sets aside concerns about Call of Duty
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It said it had “found that the proposed transaction is unlikely to result in a substantial prevention or lessening of competition in any relevant markets.” As per usual, the Commission’s main concern had been about the possibility of Call of Duty being made exclusive to Xbox, but it was satisfied by the deals Microsoft had made to keep the series available on other platforms - and in any case, it felt that Microsoft would not have the “ability and incentive to foreclose competing game distributors, particularly Sony and Nintendo.” On April 17, South Africa’s Competition Commission became the latest international regulator to approve the deal. Microsoft and Activision Blizzard immediately pledged to appeal the decision. The CMA, which recently set aside its concerns about the effect of the merger on the console market, said the decision was based on its feeling that the deal would inhibit competition in the small but fast-growing cloud gaming market. Competition and Markets Authority concluded its review of the acquisition on April 26 with a decision to block the deal. In an announcement that came as a surprise to observers, and especially Microsoft and Activision Blizzard, the U.K. There’s a clear message here - the European Union is a more attractive place to start a business than the United Kingdom.” UK regulator decides to block deal over cloud gaming concerns People are shocked, people are disappointed, and people’s confidence in technology in the U.K. “It does more than shake our confidence in the future of the opportunity to grow a technology business in Britain than we’ve ever confronted before.
The decision is “bad for Britain” and the “darkest day in our four decades in Britain,” Smith said. In an interview with the BBC, Smith said Microsoft’s confidence in doing business in the country was “severely shaken” and suggested it would be looking at doing more business in the European Union - a message presumably meant to butter up EU regulators, who have yet to report their findings on the deal, as well as stir up the politically sensitive issue of Brexit in the U.K. Microsoft president Brad Smith has made clear the depth of the tech giant’s anger at the blocking of its acquisition of Activision Blizzard by U.K. Microsoft says Activision deal block is “darkest day” of doing business in the UK Here’s the latest on Microsoft’s plans to snap up Activision Blizzard. Federal Trade Commission has said it will attempt to block the deal legally, while the U.K.’s Competition and Markets Authority has also expressed skepticism. Amid concerns about its effect on competition in the industry, and in the face of ardent lobbying against the deal by competitor Sony, the U.S.
Microsoft is attempting to persuade regulators around the world to clear its $68.7 billion acquisition of Activision Blizzard - the biggest deal of its kind the gaming industry has ever seen.
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