British decision deadline Competition Authority (CMA) on the acquisition Activision Blizzard from the side Microsoft was scheduled for August 29th. However, about a week ago, the authorities agreed with Microsoft to extend the deadline until October 18that is, until the same date that the current deal close date expires without further increasing Microsoft’s financial obligations to Activision Blizzard.
At the same time, Microsoft said the alleged offer to sell streaming rights as part of a business restructuring was based on the truth. Outside the European market (where the authorities have unconditionally approved the purchase), the company is offering to sell the rights to stream its games within fifteen years to a French company. Ubisoft. At the same time, Microsoft promised that the potential deal would not affect existing contracts with streaming platforms such as GeForce Now or Boosteroid.
“As part of the restructured deal, Microsoft will not be able to release Activision Blizzard games exclusively on its own Xbox Cloud Gaming cloud streaming service, nor will it be able to set licensing terms for Activision Blizzard games exclusively on competing services,” Microsoft said in a statement. the president writes Brad Smith.
The UK remains the only country to have blocked the acquisition. More recently, the deal was approved in New Zealand.
Source :Indian TV
