The UK's Competition and Markets Authority has added more restrictions to the Microsoft acquisition of Activision following their decision to block the proposed deal last month.
As reported by GamesIndustry.biz, under the CMA's new order Microsoft and Activision will need to secure prior written consent from the CMA before either one acquires an interest in the other company or any subsidiaries, acquires an interest in another business that holds an interest in the other company, or hold an option to acquire an interest in either of the former two.
According to the CMA, these restrictions were added "for the purpose of preventing pre-emptive action" from either Microsoft or Activision Blizzard.
The acquisition of Activision by Microsoft has already been approved in Japan, South Africa, Saudi Arabia, Chile, and Ukraine. The UK is the first and currently only regulatory body to formally block the deal, but we are still waiting to hear from the EU on May 22 (with suspected approvals coming as early as May 15th according to rumors), and a court hearing is scheduled in the US in August.
About the Author
Troy “Noobfridge” Blackburn has been reporting on the video game industry for over a decade. Whether it’s news, editorials, gameplay videos, or streams, Noobfridge never fails to present his honest opinion whether those hot takes prove to be popular or not.
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