Microsoft close to owning Activision Blizzard following CMA approval
Ironically, all it took is for the English (CMA) and the French (Ubisoft) to work together and help out the Americans (Microsoft).
Ironically, all it took is for the English (CMA) and the French (Ubisoft) to work together and help out the Americans (Microsoft).
This will be the last-ditch effort by the tech giant to have the merger approved by the UK CMA.
The tech giant is still awaiting approval from the UK CMA.
A US Judge ruled that the vertical merger does not significantly lessen competition in the industry.
And, just like that, Microsoft's bid to buy one of the largest video game publishers in the world just took a step closer to becoming real.
Representatives of the tech giant are set to meet with the UK government next week to decide the next step in its acquisition.
Microsoft has confirmed that it plans to appeal to the UK's Competition and Markets Authority to change its decision.
Activision Blizzard's current deal with PlayStation started in 2015 and is ending with Treyarch's entry next year.
Microsoft's latest announcement coincides with the recently-concluded hearing by the EU regarding the Activision Blizzard purchase.