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Microsoft in fresh bid to get Activision Blizzard takeover past UK regulator | Business News
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The UK’s competition regulator has launched a fresh investigation into Microsoft’s proposed £55bn takeover of Call of Duty maker Activision Blizzard after the tech firm offered a new remedy in a bid to get the deal over the line. The Competition and Markets Authority (CMA) confirmed on Tuesday that it stood by its final decision…
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Competition watchdog to reopen talks with Microsoft over Activision Blizzard merger | Business News
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The UK competition watchdog is ready to reopen talks with Microsoft after the company agreed to halt legal proceedings over its planned merger with Activision Blizzard. The technology giant will attempt to restructure the $69bn (£56bn) deal to respond to the Competition and Markets Authority’s concerns after a breakthrough in the United States. A US…
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Microsoft’s £55bn Activision takeover blocked by US court pending hearing | Business News
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A US regulator has succeeded in a bid to temporarily block Microsoft’s £55bn takeover of video game maker Activision Blizzard, preventing the deal being completed this week. The Federal Trade Commission (FTC), which opposes the tie up on competition grounds, went to court last night for a preliminary injunction. A two-day hearing, in which all…
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Microsoft blocked in bid to buy video game maker Activision Blizzard – but vows to respond | Business News
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The British competition watchdog has blocked Microsoft’s bid to buy video game maker Activision Blizzard. The Competition and Markets Authority (CMA) stopped the $68.7bn (£55bn) deal due to concerns that it would stifle competition in the cloud gaming market. It would have been the record highest price ever paid by a US tech company in…
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Microsoft’s £56bn Activision Blizzard takeover moves closer as UK watchdog drops concerns | Business News
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Britain’s competition watchdog has provisionally dropped concerns that Microsoft’s proposed takeover of Activision Blizzard would damage the UK console gaming market. The Competition and Markets Authority (CMA) last month warned the £56.7bn deal could result in higher prices, fewer choices or less innovation for UK gamers. However, it said its latest findings have now indicated…
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Microsoft $69bn takeover of Call of Duty maker Activision Blizzard challenged by US watchdog | Business News
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A US competition watchdog has moved to block Microsoft’s $69bn (£56bn) bid to buy Call of Duty maker Activision Blizzard. The action by the Federal Trade Commission (FTC) threatens the tech giant’s plans to rapidly expand its portfolio of games and catch up with rivals. Microsoft, which owns the Xbox console and game network platform,…
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Setback for Microsoft’s £59bn plan to buy video game company Activision Blizzard | Business News
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Microsoft’s acquisition of Activision Blizzard could reduce competition and requires further investigation, the UK’s watchdog has said. The $68.7bn (£59.4bn) takeover was announced in January, and would make Xbox-maker Microsoft a more powerful rival to Sony and Nintendo. But the Competition and Markets Authority said the deal could restrict competitors’ access to Activision Blizzard games…