Finally light at the end of the tunnel? More than two years after its announcement, Microsoft’s acquisition of Activision-Blizzard marks a new major step.
New twist in case of Activision-Blizzard acquisition. Two years later, the takeover by Microsoft is still failing. With the provided sum of 68.7 billion dollars, the Redmond-based company should strengthen its position in the video game, service and cloud market. But with franchises like Call of Duty or World of Warcraft, the authorities responsible for approving this historic takeover are cautious. The United States and England are strictly opposed at the moment, but a new crucial stage has just passed. One of the largest authorities in the world has just confirmed the takeover.
Acquisition of Activision Blizzard in Europe approved
It’s a little bit ours Soap opera of the video game. Between Sony trying to do whatever it takes, regulators changing their minds, and Microsoft’s numerous arguments, the takeover of Activision Blizzard is talked about over and over again. If the American and British authorities have vetoed it, a new course has just been adopted. The acquisition was validated by the European Commission on May 15, 2023 after Microsoft proposed commitments and corrective actions related to cloud gaming.
She feels that her concerns have been addressed. “The commitments fully address the competition concerns identified by the Commission and represent a significant improvement for cloud gaming compared to the current situation “, explained the European organization in its press release.
An important step
More than the Xbox exclusivity call of Duty This could harm its competitor. This technology has raised concerns from the other two mandatory regulators that the takeover could see the light of day. Microsoft spared no effort to overcome the reluctance of the institutions concerned. The giant has chained the signing of agreements with major partners in this field for the release of Activision games on PC and consoles. In Europe, the American giant had offered consumers 10-year free license deals. So this is an important milestone that has only just been reached, but the battle is far from over.
The Redmond-based company has yet to convince the FTC (USA) and the CMA (UK), who are still vehemently opposed to taking over Activision-Blizzard. “The CMA has blocked Microsoft’s proposed purchase of Activision amid fears the deal will change the future of the growing cloud gaming market and result in less innovation and less choice for UK gamers in the years to come ‘ said the British authorities. Then the sequel to the next episode.
