The UK’s competition watchdog has said Microsoft’s revised offer to buy the Call of Duty maker Activision Blizzard “opens the door” to the deal being cleared.
The Competition Markets Authority (CMA) said the updated deal appeared to address concerns it had raised.
Under the new proposals, Microsoft will not buy the cloud gaming rights owned by Activision Blizzard.
Under the new proposals, Microsoft will not buy the cloud gaming rights owned by Activision Blizzard.
Earlier this year, the CMA blocked Microsoft from taking on the whole of Activision over concerns that the deal would harm competition in cloud gaming in the UK.
Microsoft then submitted a restructured deal for the competition watchdog to look at last month.
In a statement on Friday, the CMA’s chief executive, Sarah Cardell, said: “The CMA’s position has been consistent throughout – this merger could only go ahead if competition, innovation, and choice in cloud gaming was preserved.”
A consultation will be opened before a final decision on the deal is taken.
Microsoft’s plan to buy Activision Blizzard was originally announced in January last year, and would be the largest in the history of the gaming industry.
The UK’s competition watchdog has said Microsoft’s revised offer to buy the Call of Duty maker Activision Blizzard “opens the door” to the deal being cleared.
Under the new proposals, Microsoft will not buy the cloud gaming rights owned by Activision Blizzard.
The Competition Markets Authority (CMA) said the updated deal appeared to address concerns it had raised.
Earlier this year, the CMA blocked Microsoft from taking on the whole of Activision over concerns that the deal would harm competition in cloud gaming in the UK.
Under the new proposals, Microsoft will not buy the cloud gaming rights owned by Activision Blizzard.
Under the new proposals, Microsoft will not buy the cloud gaming rights owned by Activision Blizzard.
Earlier this year, the CMA blocked Microsoft from taking on the whole of Activision over concerns that the deal would harm competition in cloud gaming in the UK.
Microsoft then submitted a restructured deal for the competition watchdog to look at last month.
In a statement on Friday, the CMA’s chief executive, Sarah Cardell, said: “The CMA’s position has been consistent throughout – this merger could only go ahead if competition, innovation, and choice in cloud gaming was preserved.”
A consultation will be opened before a final decision on the deal is taken.
Microsoft’s plan to buy Activision Blizzard was originally announced in January last year, and would be the largest in the history of the gaming industry.
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