Activision Blizzard acquisition likely to receive green light from UK watchdog CMA

The UK's Competition and Markets Authority (CMA) has issued a preliminary report stating that Microsoft's proposed acquisition of Activision Blizzard will not lead to a major decline in competition in the UK games industry.

The report provides a positive outlook for the $68.7 billion transaction, which has been scrutinized by a number of international watchdogs.

no monopoly

The findings of the CMA could be crucial in the acquisition's final approval in the UK. The preliminary conclusion indicates that Microsoft will not gain a monopoly in the British console market, and the watchdog has requested feedback from other parties before deciding on an outcome.

investigation

The acquisition, which was announced last year, has been under scrutiny due to concerns that Microsoft may gain too much control over the gaming industry. However, the CMA's preliminary findings give reason to believe that the acquisition will not significantly harm market competition.

Its coming

The CMA has stated that its final decision will be issued by April 26th, giving stakeholders time to provide additional feedback on the acquisition. The report emphasizes the importance of preliminary findings in decision-making, and its positive outlook may pave the way for the acquisition to be completed in the UK.