British Competition Authority (CMA) on Wednesday decided to block the planned acquisition of the company Activision Blizzard from the side Microsoft. He cited competition protection in cloud gaming as the main reason. Microsoft has tried to stave off this worry by entering into various agreements with cloud service companies. One of these companies is Ukrainian. boosterwhich is now challenging the CMA’s decision.
“Our team and our users disagree with CMA’s decision to reject the Activision purchase. [Blizzard] Microsoft. Our position on this issue is the same as that of Microsoft President Brad Smith. We look forward to a speedy resolution of this issue, ”Busteroid said in a statement.
“The CMA decision rejects a pragmatic solution to the problem of competition and discourages technological innovation and investment in the UK,” says Brad Smith, cited by the streaming platform.
The Boosteroid team and our users disagree with the CMA’s decision against Microsoft’s purchase of Activision. Our position on this issue is the same as that of Microsoft President Brad Smith.
We hope to resolve this issue quickly. https://t.co/94vGdKjySe
— Boosteroid (@Boosteroid_main) April 26, 2023
In addition to Boosteroid, Microsoft has pledged to provide Nvidia with its PC games (including those from Activision Blizzard) for maintenance for ten years. GeForce Now. He also signed a similar agreement with a Taiwanese company. Ubitus, which could help Microsoft stream games on the Nintendo Switch. All contracts are conditional on the closing of the acquisition. Microsoft is appealing the CMA decision.
Source : Zing
