Microsoft’s acquisition from Activision Blizzard looks set to close soon: Saudi Arabia has already taken the first step

The eastern country’s regulatory body saw no barriers to continuing.

When the Activision Blizzard acquisition became official, many already knew about it. they would be late enough months to close due to size of the operation. Almost $70,000 million is involved. It turns out now first step taken for said purchase to fall to Microsoft.

we don’t have a problem[/b] When the purchase between Microsoft and Activision Blizzard is completeSaudi Arabian regulatorit happened SaudiGAC Twitter account declared the following: “We declare that. we don’t have a problem “The process of economic concentration between Microsoft and Activision Blizzard is complete.” The profile also cited the document confirming the comments. Saudi Arabia’s GAC “is a government agency that maintains and promotes fair competition and combating monopolistic practices violating competition.

However, most likely in the next few weeks more regulators from other countries are doing the same. Activision Blizzard at the latest would already be part of Microsoft before June 2023. Bethesda’s acquisition was smaller, but it also took a few months to close.

These weeks, the Brazilian regulator CADE, opinions of different companies. Undoubtedly, the highlight was Microsoft’s accusation of paying PlayStation for the rights to block developers’ games. prevent some games from downloading to Game Pass. All of this was motivated by the following claims PlayStation made about Call of Duty: Legend sells single console.

More on: Acquisition of Microsoft, Activision Blizzard and Studios.