competition at risk? British Investigate Acquisition of Activision by Microsoft

Date:

British competition watchdogs are investigating Microsoft’s $70 billion acquisition of Activision Blizzard. The Competition and Markets Authority (CMA) announced on Wednesday that it now has until September 1 to decide whether the deal can go through.

The Phase 1 investigation by the CMA will either result in deal approval or proceed to a more in-depth Phase 2 investigation.

As part of the largest game industry deal in history, Microsoft announced in January that it would acquire Activision Blizzard, which sells popular computer games such as “Call of Duty” and “World of Warcraft,” for a total of $68. 7 billion (66.76 billion euros).

Source: Krone

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

Popular

More like this
Related

“Spider Network” revenge? – Russia covers Kyiv with huge air strikes

At night drone attacks on the Ukrainian capital Kiev...

Smoke column – Vuur broke out in bus depot in Philadelphia

In Philadelphia in the US state of Pennsylvania, a...

Argal escalated – husband threw a knife for a woman, touched in the upper body

On Thursday a few came into a dispute in...