Microsoft has submitted a brand new change of circumstances document to the Competition and Markets Authority (CMA) within the UK, arguing its case for its proposed Activision Blizzard deal to be reconsidered for approval.
The CMA first blocked Microsoft’s proposed acquisition of Activision Blizzard in April, with the regulator making it clear it had issues over the impact Microsoft’s acquisition may have on the rising cloud gaming market. Weeks later, the European Commission then permitted the deal due to Microsoft’s cloud gaming agreements with Nvidia, Boosteroid, and others and a dedication to the EU to open up cloud licensing entry to Xbox and Activision Blizzard video games.
Microsoft’s doc is closely redacted, so references to the corporate’s 10-year settlement with Sony over Call of Duty don’t shed any new mild on the deal phrases. We additionally nonetheless don’t have particulars of Microsoft’s closing proposal to restructure its Activision deal, both, however the CMA is searching for feedback from Microsoft’s rivals by August 4th and can settle for closing undertakings or make a closing order by August 29th.
That means we must always get extra particulars on Microsoft’s closing proposal within the coming weeks. Microsoft just lately agreed to an extension to its $68.7 billion deal with Activision, pushing the brand new deal deadline to October 18th. The extension offers Microsoft and Activision loads of time to try to handle the CMA’s cloud gaming issues.
