Highlights:
- The UK has cleared Microsoft’s acquisition of Activision Blizzard
- This regulatory hurdle was the final one for the deal
- The UK’s Competition and Markets Authority had expressed competition concerns in its Final Report
- The deal will have a significant impact on the gaming industry
Introduction: Regulatory Approval Achieved
The long-awaited acquisition of Activision Blizzard by Microsoft is inching closer to completion as the UK regulatory authorities have finally cleared the deal. This signifies the crossing of the last regulatory hurdle, bringing the companies one step closer to finalizing the acquisition. The decision comes after the UK’s Competition and Markets Authority (CMA) published its Final Report, where it highlighted concerns about competition in the gaming market.
Clearance from the UK Regulators
After a thorough review process, the UK regulatory authorities have given their approval for Microsoft’s acquisition of Activision Blizzard. The clearance was the final step in a series of regulatory hurdles that needed to be crossed for the deal to be finalized. With the UK’s approval, the acquisition is now poised to proceed, pending any remaining procedural requirements.
