UK launches antitrust investigation into Microsoft’s $69B proposed Activision acquisition

UK launches antitrust investigation into Microsoft’s $69B proposed Activision acquisition

2 years ago
Anonymous $dy9SWuvIkX

https://techcrunch.com/2022/07/06/uk-launches-antitrust-investigation-into-microsofts-69b-proposed-activision-acquisition/

One more hurdle up ahead for Activision Blizzard, the games giant behind “Call of Duty” that Microsoft is looking to acquire for $68.7 billion. The UK’s Competition and Markets Authority has announced a formal investigation into the proposed deal. This opens the investigation up for feedback from “any interested party” ahead of the CMA deciding whether to embark on a phase-2, deeper enquiry into whether the deal is anticompetitive and represents antitrust violations in the U.K. Those interested parties have until September 1 to respond.

Areas that it will be assessing include whether the deal leads to higher prices, lower quality, or reduced choice in games and the gaming ecosystem.

UK launches antitrust investigation into Microsoft’s $69B proposed Activision acquisition

Jul 6, 2022, 12:43pm UTC
https://techcrunch.com/2022/07/06/uk-launches-antitrust-investigation-into-microsofts-69b-proposed-activision-acquisition/ > One more hurdle up ahead for Activision Blizzard, the games giant behind “Call of Duty” that Microsoft is looking to acquire for $68.7 billion. The UK’s Competition and Markets Authority has announced a formal investigation into the proposed deal. This opens the investigation up for feedback from “any interested party” ahead of the CMA deciding whether to embark on a phase-2, deeper enquiry into whether the deal is anticompetitive and represents antitrust violations in the U.K. Those interested parties have until September 1 to respond. > Areas that it will be assessing include whether the deal leads to higher prices, lower quality, or reduced choice in games and the gaming ecosystem.