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The UK regulator is now consulting on the remedies.
Image credit: Blizzard | Overwatch 2
Just yesterday, we reported that the UK's regulator CMA was going to share its preliminary decision on Microsoft's Activision Blizzard acquisition next week, but we didn't have to wait this long.
The CMA has published a press release where it addressed Microsoft's decision to sell cloud streaming rights for Activision games to Ubisoft, and so far it looks like the organization will approve the new deal.
"The CMA considers that the restructured deal makes important changes that substantially address the concerns it set out in relation to the original transaction earlier this year."
The CMA has now opened a consultation until October 6 and will share its final decision by October 18.
"The CMA’s position has been consistent throughout – this merger could only go ahead if competition, innovation, and choice in cloud gaming was preserved. In response to our original prohibition, Microsoft has now substantially restructured the deal, taking the necessary steps to address our original concerns," said Sarah Cardell, CEO of the CMA.
She also noted that it would have been better if Microsoft had proposed this restructuring during the original investigation.
Microsoft is optimistic about the outcome, so we might finally close this chapter in the game business soon.
However, you can't deny all the great information we've learned in the process, including the updates to Xbox Series X, the next-gen Xbox, plans for Oblivion and Fallout 3 Remasters, new Doom, and Dishonored 3, as well as The Elder Scrolls VI details.
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