UK Green Lights Microsoft Activision Deal

UK Green Lights Microsoft Activision Deal

Business

13 October 2023 12:07

The Competition and Markets Authority (CMA) in the UK has granted Microsoft the necessary approval to proceed with its acquisition of Activision Blizzard. Earlier this year, the regulator had blocked the $68.7B deal, citing concerns about competition within the cloud gaming industry. In response, Microsoft proposed a modified arrangement in which it would sell the cloud gaming rights for all of Activision Blizzard's titles, including any new releases for the next 15 years, to Ubisoft.

Sarah Cardell, the CMA's chief executive stated "As cloud gaming grows, this intervention will ensure people get more competitive prices, better services and more choice. We are the only competition agency globally to have delivered this outcome. "

Tags: Microsoft Activision

Share:

Sources:

Report mistake   

Submit news   

Related news

View All

Steam Library Integration Coming to Xbox

An official Xbox blog post has sparked speculation about the future of Xbox gaming after an accidental image leak revealed...

Business

Mar 21, 2025

Microsoft Reveals Muse

Microsoft has announced the development of a new generative AI model capable of producing "complex gameplay sequences." The company’s Research...

Business

Feb 20, 2025

CWA vs. Bobby Kotick

The Communication Workers of America (CWA) has condemned former Activision Blizzard CEO Bobby Kotick’s comments claiming that the numerous reports...

Drama

Feb 14, 2025

Start.gg Splits from Microsoft

Esports tournament platform Start.gg has regained its independence. Previously known as Smash.gg before its rebranding, the site announced that it...

Business

Feb 03, 2025

Antitrust Lawsuit Against Microsoft Settled

Microsoft has settled an antitrust lawsuit brought by a group of gamers opposing its $69 billion acquisition of Activision Blizzard....

Business

Oct 16, 2024

UK Green Lights Microsoft Activision Deal

Business

13 October 2023 12:07

Tags: Microsoft Activision

The Competition and Markets Authority (CMA) in the UK has granted Microsoft the necessary approval to proceed with its acquisition of Activision Blizzard. Earlier this year, the regulator had blocked the $68.7B deal, citing concerns about competition within the cloud gaming industry. In response, Microsoft proposed a modified arrangement in which it would sell the cloud gaming rights for all of Activision Blizzard's titles, including any new releases for the next 15 years, to Ubisoft.

Sarah Cardell, the CMA's chief executive stated "As cloud gaming grows, this intervention will ensure people get more competitive prices, better services and more choice. We are the only competition agency globally to have delivered this outcome. "

Share:

Sources:

Report mistake   

Submit news   

Related news

View All

Steam Library Integration Coming to Xbox

An official Xbox blog post has sparked speculation about the future of Xbox gaming after an accidental image leak revealed...

Business

Mar 21, 2025

Microsoft Reveals Muse

Microsoft has announced the development of a new generative AI model capable of producing "complex gameplay sequences." The company’s Research...

Business

Feb 20, 2025

CWA vs. Bobby Kotick

The Communication Workers of America (CWA) has condemned former Activision Blizzard CEO Bobby Kotick’s comments claiming that the numerous reports...

Drama

Feb 14, 2025

Start.gg Splits from Microsoft

Esports tournament platform Start.gg has regained its independence. Previously known as Smash.gg before its rebranding, the site announced that it...

Business

Feb 03, 2025

Antitrust Lawsuit Against Microsoft Settled

Microsoft has settled an antitrust lawsuit brought by a group of gamers opposing its $69 billion acquisition of Activision Blizzard....

Business

Oct 16, 2024