Microsoft’s Activision Deal Moves Closer as U.K. Regulator Accepts Changes

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https://www.wsj.com/tech/microsofts-activision-deal-moves-closer-as-u-k-regulator-accepts-changes-fdb0ef45The U.K. Competition and Markets Authority said that a new deal should lessen any harm to competition in cloud gamingThe British regulator initially rejected the deal, providing one of the biggest obstacles to the combination.

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UK regulators likely to decide on Microsoft’s Activision Blizzard deal next week.The UK’s Competition and Markets Authority (CMA) is expected to issue a preliminary decision on Microsoft’s Activision Blizzard deal next week, a source familiar with the situation tells The Verge. It follows Microsoft restructuring its deal — after the CMA blocked it over cloud gaming concerns — to transfer cloud gaming rights for current and new Activision Blizzard games to Ubisoft. This preliminary decision will then be followed by a final one, due by October 18th. The UK is the final regulatory hurdle for Microsoft’s giant deal.
Source: verge - 🏆 94. / 67 Read more »