Microsoft-Activision merger investigation extended by UK regulator

  • The UK’s Competition and Markets Authority (CMA) has extended its probe into Microsoft’s $68.7 billion Activision Blizzard acquisition by six weeks due to the complexity of the case.
  • The CMA, which has raised concerns about a substantial lessening of competition in cloud gaming services if the acquisition is completed, will provide a decision by August 29.
  • Meanwhile, Microsoft explores ways to alter the transaction to address the CMA’s concerns and the FTC in the US appeals after a preliminary injunction regarding the merger is denied.
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