Good news came last week. America’s top union has fully supported Microsoft’s acquisition of Activision Blizzard.when he sent a letter to the Federal Trade Commission. This was preceded by a neutrality pact between Microsoft and America’s communications workers. This is to ensure that the acquisition benefits employees and the wider job market in the video game industry. Previously, the union was not in favor of trade.
In the world, this was seen as an important step towards the approval of the entire acquisition for $68.7 billion, which is being investigated by the Federal Trade Commission. But now another problem arises. The UK Competition Authority launched an investigation into the acquisition on Wednesday.. Authorities fear the takeover of Call of Duty, World of Warcraft and Diablo publisher will not impact the $190 billion industry.
Source: blizzardBlizzard don’t care about criticism, Diablo Immortal makes a million dollars a day!
The British want to investigate this matter very carefully. The purpose of the investigation is to assess whether the agreement is likely to harm competition and lead to poorer consumer outcomes, for example through higher prices, lower quality or limited choice.
Activision Blizzard and Microsoft have until July 20 of this year to provide everything you need. In the same way, any opponents should prove themselves by this time. The office wants to make a decision by September 1, 2022. He is also ready to defend himself against other organizations, including the Federal Trade Commission, if necessary.
Microsoft hopes the Activision Blizzard purchase will be approved by the end of 2022.
Source :Indian TV
