Microsoft fully addresses competition concerns
The European Union’s antitrust authority has approved Microsoft’s acquisition of Activision Blizzard for $69 billion, in a decision that runs counter to the findings of British and US antitrust authorities.
The competition watchdog in Europe believes that the commitments made by Microsoft fully address the competition concerns identified by the Commission, and represent a significant improvement for cloud games compared to the current situation.
Activision Blizzard is the developer of Call of Duty.
If the deal is concluded, the Activision deal will be Microsoft’s largest acquisition and make it the third largest game company in terms of revenue, after China’s Tencent and Japan’s Sony.
The UK’s competition regulator had blocked Microsoft’s takeover of Activision Blizzard, and the UK’s competition regulator said Microsoft, which accounts for about 60 to 70% of cloud gaming services, will control major games such as Call of Duty. of Duty, Overwatch, and World of Warcraft. It said Activision would have started offering games on cloud gaming services without integrating Microsoft — something Activision has always refused to do.
2023-05-16 15:09:00
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