Britain says may clear restructured Microsoft-Activision deal


FILE PHOTO: Microsoft logo is seen on a smartphone placed on displayed Activision Blizzard's games characters in this illustration taken January 18, 2022. REUTERS/Dado Ruvic/Illustration/File Photo

-Britain's antitrust regulator on Friday said Microsoft's restructured acquisition of Activision Blizzard "opens the door" to the deal being cleared.

The "Call of Duty" maker had in August agreed to sell its streaming rights to Ubisoft Entertainment.

The sale of Activision's cloud gaming rights to Ubisoft "substantially addresses previous concerns," the UK's Competition and Markets Authority (CMA) said in a statement.

"While the CMA has identified limited residual concerns with the new deal, Microsoft has put forward remedies which the CMA has provisionally concluded should address these issues," the regulator said.

(Reporting by Yadarisa Shabong in Bengaluru; Editing by Varun H K)

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

   

Next In Tech News

US regulator looks to put Google under federal supervision, Washington Post says
Fibre optic cables should be considered 'critical infrastructure' in Africa, Google says
EU fines Meta 797 million euros over abusive practices benefiting Facebook Marketplace
ASML CEO says AI boom benefits the company
Spain's La Vanguardia joins the Guardian in leaving X, citing 'toxic content'
Analysis-Crypto industry pushes for policy sea change after Trump victory
EU says Booking must comply with Digital Markets Act
Samsung Electronics says it reaches preliminary wage deal with union
Trump’s victory could ease regulatory path for Musk’s robotaxi, but hurdles remain
Siemens to cut up to 5,000 jobs in automation business after downturn

Others Also Read