Authorities are investigating Microsoft’s takeover of Activision Blizzard

If successful, Microsoft will become the world's third largest game publisher (Getty Image)

If successful, Microsoft will become the world’s third largest game publisher (Getty Image)

  • The regulator is considering whether the purchase will impact competition in the market

  • Microsoft said it would wait for authorities to review the deal to complete the acquisition.

  • British officials have until September to make a decision on the case.

British authorities announced on Wednesday that they would investigate the proposed $ 68.7 billion takeover of video game company Activision Blizzard. by Microsoft. The regulator wants to know if the company’s biggest acquisition could significantly reduce competition in the market.

With the announcement, the company said it expects antitrust authorities examine how the agreement, announced in January, could affect the video game market and app stores.

“We’ve been clear about how we plan to run our games business and why we believe the agreement will benefit gamers, developers and the industry,” said Lisa Tanzi, vice president and general counsel at Microsoft.

A company spokeswoman also said the company is committed to answering questions from regulars so the deal is completed with “broad confidence and will be positive for competition.”

To complete the investigation, the UK Competition and Markets Authority (CMA) sought public opinion on the matter by July 20. Based on the file, the CMA must decide if a more detailed review of the file is necessary. The agency has until September to take a decision.

If it can close the deal, Microsoft will become the world’s third-largest games publisher after Tencent and Sony, which announced in February that they would buy games studio Bungie for $3.6 billion.

Add Comment