It came as a shock when Microsoft announced it was acquiring Activision Blizzard in an all-cash deal worth $68.7 billion earlier this year. The deal, which is expected to close in 2023, has come under heavy scrutiny from Sony, which has argued that the acquisition would have "major negative implications for gamers."
Since then, the UK's Competition and Markets Authority has opened an investigation into the purchase, stating, "The CMA is concerned that if Microsoft buys Activision Blizzard it could harm rivals, including recent and future entrants into gaming, by refusing them access to Activision Blizzard games or providing access on much worse terms." Sony has approved of this statement made by the CMA, and Microsoft has issued a response to the issues raised by the UK agency, claiming that Sony's exclusives are superior to theirs.
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