The U.K. competition regulator has announced a six-week extension for its review of Microsoft’s acquisition of Activision Blizzard. This extension will allow the regulator more time to thoroughly examine the proposals put forward by both parties to address the concerns raised during the initial review. The regulator had initially paused its efforts to block the deal, and this extension provides an opportunity for further analysis.
In related news, the CMA has expressed a more favorable attitude towards Microsoft this week, signaling its willingness to resume discussions with the tech giant. This change in tone comes after a judge rejected the U.S. Federal Trade Commission’s attempt to block the deal.
The CMA’s concerns revolve around the potential for Microsoft to make Activision games exclusive to its own platform, particularly in the emerging cloud gaming market. Microsoft has made several concession offers, including licensing deals with other cloud gaming providers, but the CMA has rejected these proposals as insufficient.
The CMA’s requirements for approval may include more extensive licensing agreements or even the divestment of Microsoft’s cloud gaming business in the U.K. Analysts speculate that Microsoft and Activision will need to present new proposals that address these concerns.
Opposition to the deal has also arisen in the United States. However, recent developments have been favorable, with a court ruling in favor of the companies. The U.S. Federal Trade Commission has filed an appeal against the decision, seeking to prevent the completion of the transaction.
Overall, the extended review period provides an opportunity for Microsoft, Activision, and the regulators to address the concerns and potentially find a resolution that satisfies all parties involved.
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