August 17, 2022

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British regulator opens investigation into Microsoft's acquisition of Activision |  Currently

British regulator opens investigation into Microsoft’s acquisition of Activision | Currently

Britain’s Competition and Markets Authority (CMA), the UK’s competition and markets watchdog (CMA), has launched an investigation into Microsoft’s acquisition of game developer Activision Blizzard, reports… supervisor Wednesday.

Microsoft made It announced at the beginning of this year that it would acquire game developer Activision Blizzard for $68.7 billion (about €67.5 billion), the most expensive acquisition in the game industry to date.

The game developer is known for games like Call of Duty, Warcraft, Diablo, Overwatch, Crash Bandicoot and Tony Hawk† Acquisition not yet completed. That could take until June 2023.

The Capital Markets Authority has announced that it will investigate whether the acquisition will hinder competition in the gaming market. The watchdog will decide by September 1 whether the investigation will be given a second, more comprehensive stage.

The British regulator isn’t the only one launching an investigation into the takeover. The US Federal Trade Commission (FTC) announced that it will do the same in February.

The FTC investigation focuses on Activision Blizzard’s game offerings along with Microsoft’s consoles. The researchers will also look at whether the acquisition could harm Microsoft’s competitors by limiting their access to the company’s biggest games.

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