Microsoft, Antitrust UK blocks the acquisition of Activision Blizzard


The competition authority in the United Kingdom has blocked the acquisition of video game maker Activision Blizzard by Microsoft. According to the Competition and Markets Authority (CMA), the US giant’s almost $70 billion takeover “endangers competition and consumer choice”. This is the final decision published after an investigation into the corporate merger conducted in recent months by the authority.

The negative opinion illustrated by the British CMA

Today’s verdict only represents the formalization of a negative opinion illustrated by the British CMA since last February 8, in the wake of the no to the takeover already opposed in the USA by the overseas regulatory authority: due to the threat to competition from the market identified behind the mega operation. According to the London authority, the almost 70 billion dollar takeover set up by the American giant controlled by Bill Gates against Activision would be destined – if authorized and successful – to significantly damage the possibility of free choice of consumers and the competitive advantage it generates. In the preliminary report in February, the Cma – called to examine the acquisition project from September 2022 – had evoked risks of “higher prices” for users and a decrease in the power of “choice or opportunities” in the event of a go-ahead of innovation” for the audience “of gamers” also “in the United Kingdom”.



Source-tg24.sky.it