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ldara

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about 1 month ago
Microsoft agrees to buy Activision, opposed by UK regulators

Microsoft logo in front of Activision game art

 

The UK Competition and Marketing Authority (CMA) has spoken out against plans to buy Microsoft game developer Activision Blizzard.

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The CMA said it had reached a temporary conclusion that would result in higher prices. There are fewer choices and less innovation.

The $69 billion (£57 billion) deal will see Xbox maker Microsoft acquire popular titles such as Call of Duty and Candy Crush.

Microsoft says it will find a solution to "Resolve CMA Concerns"

Rima Alaily, Microsoft Corporate Vice President and Deputy General Counsel, said: “Our commitment to providing 100% long-term access to Call of Duty with Sony, Nintendo, Steam, and others is to preserve the interests of Microsoft. deals with gamers and developers and increases competition in the marketplace.”

She added that 75% of respondents to the CMA's public consultation "accept that the arrangement is good for competition in UK gaming".

Microsoft's big deal - what you need to know

The findings are temporary and both parties will have a chance to respond, Activision said in a statement.

The Call of Duty creator wrote, “We hope that between now and April, We will be able to help the CMA better understand our industry.” create and grow"

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