Future Retirement Success
  • Politics
  • Business
  • Investing
  • Stocks
  • Politics
  • Business
  • Investing
  • Stocks

Future Retirement Success

Business

Competition and Markets Authority opens probe of Microsoft’s $75bn Activision buyout

by September 16, 2022
September 16, 2022
Competition and Markets Authority opens probe of Microsoft’s $75bn Activision buyout

The UK competition regulator has opened an in-depth investigation into Microsoft’s $75bn acquisition of video game maker Activision Blizzard, the creator of blockbuster Call of Duty.

The Competition and Markets Authority on Thursday referred the tie-up for a phase 2 probe, having raised concerns that the deal could hurt rivals such as Sony and present a threat to open competition in new markets such as cloud gaming.

The watchdog has appointed an independent panel that will examine the deal in greater depth and analyse the competition implications.

The decision comes after the Financial Times revealed that Microsoft had not offered any potential solutions to the regulator’s antitrust concerns at the end of its phase 1 investigation earlier this month.

The CMA was the first global regulator to raise concerns about the blockbuster deal, which is Microsoft’s biggest and would make it the third-largest gaming company in terms of revenues.

At the end of its phase 1 investigation, the CMA said it was concerned that Microsoft could use its control over games such as Call of Duty, which has brought in $30bn in lifetime sales for Activision, and World of Warcraft to harm its rivals.

Microsoft said it would continue to ensure equal access to Call of Duty and that it would remain available on consoles such as PlayStation as well as Microsoft’s Xbox.

The FT previously revealed that the deal was facing in-depth probes in both Brussels and London, following concerns that the tie-up was anti-competitive and would exclude rivals from accessing games.

Read more:
Competition and Markets Authority opens probe of Microsoft’s $75bn Activision buyout

0
FacebookTwitterGoogle +Pinterest
previous post
Chancellor Kwasi Kwarteng to present mini Budget next week
next post
Pound sinks to lowest level against dollar since 1985 as sterling also down against euro

You may also like

Britain is only G7 country where inflation is...

July 5, 2023

Heathrow welcomes record passengers as third runway plans...

February 26, 2025

Top CRM Software for Small Businesses

December 6, 2024

Business leaders want regulatory stability rather than a...

May 3, 2023

Wheels in Motion: How Darren Janesky Brings Joy,...

May 7, 2025

‘Not pension piggybanks’: experts warn millions of savers...

May 30, 2025

Questions mount as HBOS scandal victims await delayed...

September 16, 2024

Reeves plans closer ties between National Wealth Fund...

January 24, 2025

GB News faces ‘significant’ fine after losing High...

October 5, 2024

Eurostar misled passengers with £39 fare promotion for...

January 3, 2024

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Xi Jinping’s surprise no-show at BRICS Summit fuels speculation about China’s global standing

      July 5, 2025
    • Tesla sees UK sales rebound in June as EV market accelerates

      July 5, 2025
    • Hived raises $42m to roll out electric delivery fleet across southern England

      July 5, 2025
    • Week Ahead: NIFTY Set To Stay In A Defined Range Unless These Levels Are Taken Out; Drags Support Higher

      July 5, 2025
    • “A turning point for education”: James Caan launches bold education reform plan in House of Lords

      July 5, 2025
    • ‘Invest in Women’ fund criticised for slow rollout as MPs call for bolder action

      July 5, 2025

    Categories

    • Business (8,397)
    • Investing (2,102)
    • Politics (15,946)
    • Stocks (3,190)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: futureretirementsuccess.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 futureretirementsuccess.com | All Rights Reserved