Microsoft’s Acquisition of Activision Blizzard Approved by Commission, Conditionally
Microsoft’s acquisition of Activision Blizzard has been finally approved by the Commission, after the announcement was made on the 18th of January that Microsoft is buying Activision Blizzard for roughly $68.7 billion.
What are the conditions for the acquisition?
The Microsoft acquisition of Activision Blizzard has been approved conditionally, meaning the company must meet certain measures before the acquisition is completed. One of these measures is ensuring that the deal does not create a monopoly or negatively impact competition in the gaming industry, which is incredibly crucial. Another condition is that Microsoft must provide non-discriminatory and fair access to new titles in the industry.
What does this mean for the gaming industry?
This acquisition is a massive shift in the gaming industry. It means that the two leading gaming giants will now be working under the same roof. Microsoft will now have control over world-renowned franchises like Call of Duty, World of Warcraft, and Candy Crush. The acquisition will not only provide Microsoft with new and established game franchises but will also broaden its potential audiences, providing them with new opportunities to create innovative gaming technology.
Has anyone had issues with the acquisition?
As expected, there has been much backlash about this acquisition, with many people calling it a “monopoly” and claiming that it would negatively affect competition in the industry. Some critics have even said that Microsoft could leverage its ownership of Activision to exert an unfair advantage when negotiating terms with rival console manufacturers.
When will the acquisition be completed?
Microsoft and Activision Blizzard’s agreement is expected to close in the first half of 2023, subject to approval by Activision Blizzard’s shareholders and regulatory bodies. Until then, it will be interesting to see how Microsoft manages the acquisition and navigates the conditions set upon it by the Commission.
The Commission has conditionally approved Microsoft’s acquisition of Activision Blizzard, meaning the company must meet certain measures before the acquisition is completed. The acquisition will shift the gaming industry significantly and broaden Microsoft’s potential audiences, providing new opportunities to create innovative gaming technology. However, many people have had issues with the acquisition, claiming it is a “monopoly” and negatively affects competition in the industry. The deal is expected to be completed in the first half of 2023.
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