There has been a lot of discussion about the acquisition of Activision Blizzard by Microsoft for over a year. It just looks more and more like the deal may go through. There are now reports that the UK Market Authority CMA is quick to approve it.
The acquisition of Activision Blizzard is not without a fight. It is the largest acquisition in the gaming industry ever, so it is no wonder that it is well investigated whether it does not have undesirable consequences. There were necessary fears that Microsoft would become too powerful in the console market.
The competition and Markets Authority (CMA) of the United Kingdom was also afraid of this. But recently the authority said that the concerns about the acquisition are a lot less. He would not have a negative impact on the British console market, according to the CMA.
According to the Financial Times, the CMA is now approving the deal. Next Wednesday, april 26, the CMA will issue a ruling on the deal. The Financial Times expects the acquisition to go ahead.
The fact that the CMA is no longer opposed to the takeover is not easy for everyone to understand. Microsoft’s main competitor Sony called it “unheard of” that the CMA changed positions after seeing more evidence. Incidentally, even after the approval of the CMA, Microsoft still needs the green light from the EU and the US FTC.