Microsoft’s Activision Merger Set to Get Approval in the UK

Microsoft’s $68.7 billion acquisition of Activision Blizzard was facing major obstacles, but a recent announcement from the UK’s Competition and Markets Authority (CMA) indicates a positive turn. The revised agreement has addressed previous concerns, particularly regarding Microsoft’s potential domination of the cloud gaming market.

Revised Deal Clears Major Obstacle

Initially blocked by the CMA due to fears of a monopoly in cloud gaming, Microsoft’s decision to sell Activision’s cloud streaming rights to Ubisoft has helped alleviate those concerns. This move ensures that popular games like Call of Duty, Overwatch, and World of Warcraft won’t be solely controlled by Microsoft for cloud gaming.

Microsoft’s Turnaround

Despite facing challenges from regulators like the US Federal Trade Commission and the CMA, Microsoft has made concessions such as selling streaming rights to Ubisoft to push the deal forward. The CMA is currently reviewing these proposed remedies and is expected to reach a final decision soon.

Stay tuned as the story continues to develop!