There’s some good-ish news on the Microsoft buying Activision-Blizzard front. That is, of course, if you’re hoping for the purchase to go through. Another country – this time Chile – has approved the purchase. That makes for four countries that are okay with it. The other three are Brazil, Saudi Arabia, and Serbia.
The organization responsible for market regulation in Chile, The Fiscalia Nacional Economica (FNE), approved the almost $70 billion purchase stating that it doesn’t believe the purchase will have a negative impact on competition. According to the approval release, the FNE’s decision rests on it believing that “Xbox and Activision’s combined presence in the video game market” isn’t big enough to raise concerns about competition. The FNE even found that their combined “presence” was equal to that of “relevant competitors”.
Of course, this is just the fourth country to okay the purchase, and it’s taken right around a year to get that far. In the meantime, there are some definite holdouts. The UK is still investigating the purchase, while in the US the Federal Trade Commission (FTC) has gone so far as to announce they’re suing Microsoft for attempting the acquisition. In the FTC’s case, they feel the purchase would offer the Xbox “an unfair advantage” in the console wars.
Note: Activision Blizzard is still under investigation by the state of California for serious harassment charges. CEO Bobby Kotick is alleged to have known about such actions within his company – and performed some himself – and shielded the perpetrators from consequences.
- Latest World Of Warcraft Patch Has Mac Players Crashing Nonstop, Even When Using Stealth To Strike An Enemy
- Always Online Podcast: Did Redfall and ESO MMO Presentations Deliver, Hearthstone & A Sub, And The Day Before's Mess Ep 461
- FTC Apparently Timed Lawsuit Against Microsoft-Activision In An Attempt To Manipulate A Potential EU Settlement
About the Author
QuintLyn is a long-time lover of all things video game related will happily talk about them to anyone that will listen. She began writing about games for various hobby sites a little over ten years ago and has taken on various roles in the games community.
Albion Online Looks Back On "Another Momentous Year" For 2022, Seeing Five Years Of Service And New Major Content
"In early 2023 we'll continue improving on the updated Mists and Roads introduced with Beyond the Veil."By Anthony Jones - 4 weeks ago
You May Enjoy
Hardcore Mode In Modern Warfare 2 Is Making A Comeback In Upcoming Season 2 Launch
Developer Infinity Ward confirmed its return and will release further details in a blog later.By Anthony Jones - 5 days ago
New ArcheAge: Unchained Fresh Start Server Will Ease Gear Progression, Tweak Boosting, And Increase Item Drop Rate
The developers stated the server will include many improvements based on community feedback.By Anthony Jones - 2 days ago
Pantheon’s January Newsletter Is All About Lore And Art, With A Few Other Tidbits Thrown In
There’s technical stuff, too.By QuintLyn Bowers - 1 day ago
League Of Legends Source Code Stolen During Cyber Attack Last Week; Riot Receives Ransom Email
"Today, we received a ransom email. Needless to say, we won't pay."By Anthony Jones - 4 days ago
The Omega Protocol Arrives In Final Fantasy XIV’s Patch 6.31 Update
The testing continues.By QuintLyn Bowers - 4 days ago
Albion Online Asia-Pacific Players Are About To Get A Faster Connection With "East" Server
Sandbox Interactive announced an “Albion East” server today.By QuintLyn Bowers - 5 days ago