Microsoft’s Acquisition of Activision Blizzard Will Reportedly be Approved by UK Regulator This Week

The Financial Times reports that the UK's Competition and Markets Authority is likely to approve the $69 billion acquisition.

Posted By | On 24th, Apr. 2023

Xbox Activision Blizzard

Microsoft’s proposed acquisition of Activision Blizzard has been under investigation by regulatory authorities for quite some time now, but it looks like that process is finally reaching the finish line. One of the biggest potential stumbles it could have faced would have been if the United Kingdom’s Competition and Markets Authority (CMA) had taken issue with the deal and its impact on the industry, but it seems like that’s unlikely to happen.

That’s according to report by the Financial Times, which claims that on Wednesday, April 26, the UK’s CMA will declare its final ruling on Microsoft’s acquisition of Activision Blizzard, and that the deal is likely to be approved.

Earlier this year, in its initial findings, the CMA expressed concern that the acquisition could “harm gamers” in the UK and have a detrimental impact on competition in the industry, though last month, the agency said that after having considered relevant evidence, it no longer felt that the deal would “result in a substantial lessening of competition in console gaming services.” In response, Sony said it found the CMA’s stance “surprising, unprecedented, and irrational.”

Meanwhile, the European Commission will also be sharing its final ruling regarding the proposed acquisition in under a month, and according to reports, the deal is likely to be approved.


Amazing Articles You Might Want To Check Out!

Keep On Reading!

Mass Effect 5 Executive Producer Teases That All N7 Day Reveals “Will Connect”

Mass Effect 5 Executive Producer Teases That All N7 Day Reveals “Will Connect”

A mass relay, the reveal of a seemingly new protagonist, a Krogan civil war - how does all this connect in Bio...

Where Winds Meet Preps for Global Launch With New Action-Packed Overview Trailer

Where Winds Meet Preps for Global Launch With New Action-Packed Overview Trailer

The Wuxia open-world action RPG launches on November 14th, but you can start pre-loading on November 12th for ...

Unannounced Warhammer MMO by NetEase-Owned Studio Jackalyptic Games Has Been Cancelled

Unannounced Warhammer MMO by NetEase-Owned Studio Jackalyptic Games Has Been Cancelled

No details about the project have been revealed, and the cancellation has led to developers having been let go...

The Elder Scrolls 6 is “Still a Long Way Off,” Says Todd Howard, Over 7 Years After Announcement

The Elder Scrolls 6 is “Still a Long Way Off,” Says Todd Howard, Over 7 Years After Announcement

"My perfect version – and I’m not saying this will happen – is that it’s going to be a while and then,...

Microsoft Unveils New Game Development Tools to Unify Development Between PC and Xbox

Microsoft Unveils New Game Development Tools to Unify Development Between PC and Xbox

New features like PlayFab Game Saves and GameInput API will allow Xbox Play Anywhere to work across platforms ...

Resident Evil: Survival Unit is Coming to Android, iOS on November 18

Resident Evil: Survival Unit is Coming to Android, iOS on November 18

The mobile game features a brand new story that will have players working alongside pivotal characters from th...