UK News

Microsoft’s Activision Blizzard Purchase on Hold Until April

The UK Competition and Markets Authority (CMA) has delayed the publication of its final report on Microsoft‘s proposed acquisition of Activision Blizzard by eight weeks. The CMA released a statement today announcing the delay, stating that the final report will now be published on April 26, rather than its previously scheduled date of March 1.

CMA Stance

However, there is a possibility that the final report may be published prior to this final deadline, as the CMA stated in the statement that it “intends to complete the investigation as soon as possible and prior to this date”. This means that we may see the CMA’s final verdict on the acquisition before April 26.

Additionally, we may see more news from Activision Blizzard, Microsoft, and Sony at the end of February or beginning of March 2023. Note that the CMA’s new statement allows for “response hearings” in the aforementioned window, but only if they are deemed necessary and requested by either party.

As such, it is likely that Microsoft and Sony will continue to discuss the planned acquisition in the coming weeks and months. We have already heard numerous statements from both sides regarding the proposed acquisition, including Microsoft stating that it would put Call of Duty on Nintendo devices for the next 10 years to demonstrate its willingness to cooperate with industry rivals.

Back in November 2022, Microsoft offered Sony a decade-long deal to keep Call of Duty on PlayStation platforms, though the latter apparently was not happy with the offer.

This article is originally authored by Ariadna Giménez and published on videojuegos.news

Also Read:

  1. The Best Apps to Travel Around the World
  2. How to Block and Unblock Contacts on Whatsapp

Related Articles

Back to top button