Tag: Buy Activision Blizzard

Xbox responds to CMA concerns about buying Activision Blizzard

admin

Last month, the UK’s Competition and Markets Authority (CMA) decided it needed to achieve phase two in its proposed Xbox purchase of Activision Blizzard. The ruling was highly critical of Microsoft, citing concerns of “a significant reduction in competition within a market or markets in the UK”. Microsoft has now released an official response, following CMA claims that the purchase could hurt Sony in particular if it becomes a Call of Duty exclusive. Microsoft’s response comes after each of the CMA’s points, while also citing industry experts who claim regulators…

Read More

Microsoft’s Activision Blizzard purchase faces opposition from the investor group

admin

Earlier this year, Microsoft made huge waves in the video game industry when it announced its intention to buy Activision Blizzard. The deal won’t go through until early next year, but there are a number of potential hurdles that need to be cleared before the purchase can take place. Shareholders are due to vote on the proposed merger on April 28, but investment group SOC is pushing them to vote no. in a letter on The company’s websitethe group claims that “the deal failed to properly assess Activision and its…

Read More