activision blizzard News

China’s State Administration for Market Regulation has given its unconditional approval for Microsoft’s acquisition of Activision-Blizzard, demolishing another roadblock in the lengthy process. Microsoft announced the good news over the weekend, adding another major market to the list of countries that have given the deal the green light. The European Commission had conditionally approved the merger just the previous week, [...]

Microsoft and Activision-Blizzard have been in talks for months about a multi-billion-dollar acquisition, but their plans were halted when the UK’s Competition and Markets Authority slammed the brakes on the deal in the region. Many speculated that the EU might follow suit, but Reuters’ sources say that won’t be the case, and the merger could be approved as early as [...]

After walking back on its earlier findings, the UK Competition and Markets Authority (CMA) once again does a full 180 as it formally rules against Microsoft and Activision Blizzard’s high-profile merger. According to the CMA, the merger, valued at almost $70 billion USD, could “alter the future of the fast-growing cloud gaming market, leading to reduced innovation and less choice [...]

Last year, a group of gamers filed a lawsuit against Microsoft in hopes of blocking its impending $69 billion merger with Activision Blizzard over antitrust and monopoly concerns. US District Judge Jacqueline Corley, the judge presiding over the case, dismissed the lawsuit last month due to insufficient details on exactly how the merger will be detrimental to competition in the [...]

Microsoft has apparently succeeded in convincing the UK’s Competition and Markets Authority (CMA) to support their hotly-debated merger with Activision Blizzard. The CMA was initially concerned about the possibility that the merger might stifle competition in the video game market and said as much when it released the results of its investigation. The regulatory body has now backtracked on its [...]

Back in December, a group of gamers filed an antitrust lawsuit against Microsoft to block it’s acquisition of Activision Blizzard, alleging that the merger violated the Clayton Antitrust Act of 1914. The said lawsuit has summarily been dismissed by US District Judge Jacqueline Corley due to insufficient details on exactly how the merger will stifle competition. “Plaintiffs’ general allegation that [...]