The acquisition of Activision Blizzard is not without a struggle. It’s the biggest takeover in the gaming industry ever, so it’s no wonder it’s being carefully investigated to make sure it doesn’t have any undesirable consequences. There were fears that Microsoft would become too powerful in the console market.
Competition and Markets Authority (CMA) from the United Kingdom was also afraid of that. But recently the authority announced that the concerns about the takeover are a lot less. According to the CMA, it would not have a negative impact on the British console market.
In fact, it now looks like the CMA will approve the deal, according to the Financial Times. Next Wednesday, April 26, the CMA will issue a ruling on the deal. Financial Times expects the acquisition to go ahead.
Sony doesn’t understand Activision Blizzard’s point of view CMA
It is not very easy for everyone to understand that the CMA is no longer against the takeover. Microsoft’s main competitor Sony called it “unheard of” that the CMA changed position after seeing more evidence. Incidentally, even after approval of the CMA, Microsoft still needs the green light from the EU and the US FTC.