Home » Technology » Microsoft’s Acquisition of Activision Blizzard Approved by UK’s Competition and Markets Authority

Microsoft’s Acquisition of Activision Blizzard Approved by UK’s Competition and Markets Authority

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14 Oct. 2023 10:51 a.m.

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On Oct. 13, foreign news agencies reported that The UK’s Competition and Markets Authority (CMA) has approved the acquisition of gaming giant Activision Blizzard, maker of top games such as Call of Duty and World of War. Warcraft from Microsoft Manufacturer of Xbox game consoles with the biggest deal In the history of the $69 billion video game business, hopes to strengthen and seize leadership position in the gaming market.

The CMA previously worried that the acquisition would give Microsoft a monopoly on the gaming market. affecting free competition until opposing the agreement last month Last April Until there was an amendment to the sales agreement. and announced an agreement to sell the rights to stream Activision Blizzard games to be played via Ubisoft’s cloud system. Plus in August. However, this approval paves the way for Microsoft to close the deal within 18 Oct.

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