UK regulator provisionally clears Microsoft’s $69B Activision acquisition

The UK’s Competition and Market’s Authority (CMA) has declared that Microsoft has addressed the concerns it had about the software giant’s $68.7 billion acquisition of gaming studio Activision Blizzard, clearing the way for the deal to go ahead.

In April, the CMA blocked Microsoft from making the acquisition over concerns the deal could “alter the future of the fast-growing cloud gaming market, leading to reduced innovation and less choice for UK gamers over the years to come.”

Although Microsoft had submitted a proposal to address some of its concerns before the CMA reached its decision in April, that proposal ultimately contained a number of significant shortcomings. These included a failure to sufficiently open up to providers who might wish to offer versions of games on PC operating systems other than Windows, and not taking into consideration different cloud gaming service business models.

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Source:: Computerworld