The UK CMA is Microsoft's last hurdle before it can finalize its acquisition of Activision Blizzard. The tech company looks like it is considering the CMA's advice to divest part of Activision Blizzard as it seeks approval from the regulatory body.
The UK CMA is the only regulatory body in the world that stood up to Microsoft's planned merger with Activision Blizzard. A total of 41 other countries and territories including theEuropean Union have approved of the merger. Microsoft also won in court against the US FTC, which also sought to block the deal.
Microsoft is now restructuring its proposed buyout of Activision Blizzard, announcing that it is transferring the cloud streaming rights to all Activision Blizzard games over the next 15 years to Ubisoft. The tech company hopes to address the concerns raised by the UK CMA in its disapproval of the $69 billion deal.