Microsoft's Activision Blizzard Acquisition is Being Investigated by UK Regulators - NewsWilliam D'Angelo , posted on 06 July 2022 / 1,849 Views
The Competition and Markets Authority of the UK has confirmed it is investigating Microsoft's proposed acquisition of Activision Blizzard, according to GamesIndustry.
"As with all merger reviews, this investigation will consider whether the deal could harm competition and lead to worse outcomes for consumers -- for example, through higher prices, lower quality, or reduced choice," said the CMA.
The CMA will complete its first phase of the investigation by September 1 as it is looking to see if the deal could hurt competition.
If the CMA will do a more in-depth investigation if it decides the deal is anti-competitive. It will then allow Microsoft and Activision Blizzard to propose action to address the concerns from the CMA.
Microsoft expects its acquisition of Activision Blizzard in its current fiscal year, which ends in June 2023.
Microsoft announced on January 18 of this year its plans to acquire Activision Blizzard in a deal worth $68.7 billion. IPs that will be owned by Microsoft once the deal closes include Call of Duty, Warcraft, Candy Crush, Tony Hawk, Diablo, Overwatch, Spyro, Hearthstone, Guitar Hero, Crash Bandicoot, StarCraft, and more.
A life-long and avid gamer, William D'Angelo was first introduced to VGChartz in 2007. After years of supporting the site, he was brought on in 2010 as a junior analyst, working his way up to lead analyst in 2012 and taking over the hardware estimates in 2017. He has expanded his involvement in the gaming community by producing content on his own YouTube channel and Twitch channel. You can contact the author on Twitter @TrunksWD.