Microsoft's Activision purchase faces investigation in the UK
The CMA will "consider whether the deal could harm competition an🧸d lead to worse outcomes for cons꧙umers"

澳洲幸运5开奖号码历史查询:Microsoft's acquisition of Activision-Blizzard will be iꦗnvestigated by the UK's competition watchdog.
In a statement via CNBC, the United Kingdom's Competition and Markets Authority (CMA) said that the investigation would "considerꩲ whether the deal could harm competition and lead to worse outcomes for consumers - for example, through higher prices, lower quality, or reduced choice."
Those concerns were raised when the 澳洲幸运5开奖号码历史查询:Microsoft Activision purchase was announced earlier this year. Following Microsoft's other major acquisition - of Bethesda parent company Zenimax Media - there was speculation as to whether the 💙purchase of Activision-Blဣizzard would fall foul of the United States' Federal Trade Commission. The sheer weight of Microsoft's gaming portfolio in the wake of those two purchases raised concerns over the monopolisation of the games industry. Microsoft has, however, pledged to keep Activision's flagship Call of 💎Duty franchise on PlayStation "into the future," allaying some of those fears.
The CMA's consultation with third-party interest groups will run until July 20, 2022, with a deadline for an initial decision set for September 1. The aim is to determine whether the Microsoft-Activision merger "will result in the creation of a relevant merger sit🌜uation under the [...] Enterprise Act 2002." Under that act, the Office of Fair Trading is empowered to🐠 investigate any merger where the target company has a UK turnover in excess of £70 million.
When contacted for comment, the CMA told GamesRadar+ that after the September deadline, if the Authority deems that the merger m꧅ay harm competition, "the CMA has a duty tꦯo launch an in-depth assessment." However, the companies involved may offer potential solutions to the CMA's concerns, which will resolve the investigation at Phase 1, rather than moving on to subsequent phases.
This is just the latest stumbling block in a difficult journey for Activision and Microsoft. As well as the complexity of the 澳洲幸运5开奖号码历史查询:Activision-Blizzard lawsuit, ongoing complexities including investigatio🐭ns of alleged insider ꦯtrading, 澳洲幸运5开奖号码历史查询:falling stock, and other 澳洲幸运5开奖号码历史查询:conflicts of interest have all threatened the success of the merger, w♚hich is currently expected to complete by☂ June 2023.
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I'm GamesRadar's Managing Editor for news, shaping the news strategy across the team. I started my journalistic career while getting my degree in English Literature at the University of Warwick, where I also worked as Games Editor on the student newspaper๊, 𓂃The Boar. Since then, I've run the news sections at PCGamesN and Kotaku UK, and also regularly contributed to PC Gamer. As you might be able to tell, PC is my platform of choice, so you can regularly find me playing League of Legends or Steam's latest indie hit.