In a major win for Microsoft, a federal judge has sided with them in their $69 billion acquisition of Activision Blizzard. Although the FTC hearings in August still lie ahead, Microsoft’s arguments have been rejected by the court, casting doubt on the outcome.
However, Microsoft’s record with regulators hasn’t been flawless. Earlier this year, the UK’s Competition and Markets Authority blocked the Activision Blizzard deal, prompting Microsoft to appeal. Now, in light of the FTC’s decision, the CMA is reconsidering its stance and has agreed to pause appeal proceedings to allow Microsoft to propose changes that could lead to approval.
Microsoft president Brad Smith, in his own statement, has expressed openness to addressing the CMA’s concerns, even if they don’t fully agree with them.
The CMA’s objection to the deal is focused not on the console rivalry between PlayStation and Xbox, but on the potential advantage that Call of Duty exclusivity could give Microsoft in the cloud gaming market. It remains to be seen what concessions Microsoft will make to address this concern.
Stay updated on the latest developments in the Activision Blizzard acquisition here.
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Eugen Boglaru is an AI aficionado covering the fascinating and rapidly advancing field of Artificial Intelligence. From machine learning breakthroughs to ethical considerations, Eugen provides readers with a deep dive into the world of AI, demystifying complex concepts and exploring the transformative impact of intelligent technologies.
