Early this year Microsoft was surprised when he announced his intention in record time $68.7 billion buy Activision Blizzard. The acquisition has since been approved by the boards of directors of both companies and is awaiting regulatory approval.
One of the most important Federal Trade Commission (FTC) may make a decision as early as next month. Microsoft sent all the necessary documents to the US government agency. If the other party, Activision Blizzard, did the same, the 30-day FTC period would begin to run. During this time, he may request additional documents from companies, agree on a request to add additional rules to ensure that competition in the market remains, try to stop the transaction, or approve the acquisition as a whole.
If the FTC has no objection, Microsoft still hasn’t won. The Office of Economic Competition and Markets is also investigating the acquisition (CMA), the UK equivalent of the FTC and other regulators in other regions.
Source: Activision BlizzardAt least 5 games from Microsoft during the year and several Activision games as an exclusive.
The CMA is looking into the impact of the entire deal on the UK market. Authorities fear the takeover of Call of Duty, World of Warcraft and Diablo publisher will not impact the $190 billion industry. The British want it all explore 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. The FTC, on the other hand, is most interested in labor and working conditions in the US.
Activision Blizzard and Microsoft have until July 20 of this year to provide everything you need. Likewise, potential adversaries should prove themselves by then. The government wants to make a decision until September 1, 2022. He is also ready to turn to other organizations, including the Federal Trade Commission, if necessary.
Initially, Microsoft decided that they wanted to complete the acquisition of Activision Blizzard no later than 06/30/2023, however, apparently, it will be completed much earlier.
In anticipation of this major event, where fans are hoping Microsoft will fix things at Activision Blizzard, the company has shown itself to be publisher on Steam. He already has his own page there, where he sells the upcoming Call of Duty: Modern Warfare 2, old parts of CoD or the Crash Bandicoot, Spyro and Prototype series. Previously, PC versions were only available through Battle.net. But it will probably be canceled after the arrival of Microsoft, and also Bethesda Launcher.
Another interesting thing is that, while awaiting acquisition approval, Blizzard bought Proletariat, the studio behind the magical Spellbreak battle royale event. It will be canceled and all 100 employees will be integrated into the World of Warcraft team.
Source :Indian TV
